Assume Allison, Bob, and Charisse are the only three buyers of oranges, and only three oranges can be supplied per day.
Refer to Table 7-5. If the market price of an orange is $0.65, then consumer surplus amounts to <u>$3.60</u>
<h3>What
is consumer surplus?</h3>
Consumers' surplus is a measure of consumer welfare and is defined as the excess of social valuation of product over the price actually paid. It is measured by the area of a triangle below a demand curve and above the observed price. Since there is willingness to pay.
Therefore, the correct answer is as given above.
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The complete question goes thus:
For each of three potential buyers of oranges, the table displays the willingness to pay for the first three oranges of the day. Assume Allison, Bob, and Charisse are the only three buyers of oranges, and only three oranges can be supplied per day.
Refer to Table 7-5. If the market price of an orange is $0.65, then consumer surplus amounts to________
The combination that could be the total sales would be 360 tablets and 180 computers.
<h3>Total sales</h3>
Over 300 total sales were made in January
100 tablets and 20 computers were sold in February.
This means that total sales would be: (300+) 100 + 20 = 420+
Only options B and C have 420+ total sales.
But, there are more tablet sales than computers.
Thus, we are left with only option B
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Answer:
D - Keep you from hitting the windshield in the event of a crash
Explanation:
Seatbelts were designed to keep people in their seats and prevent/reduce injuries in a crash.
Because they felt like it wasn't correct, they felt that as if they were been treating humans as if they were their own pets or animals just to be experimented on.
"<span>Humanists felt that behaviorism reduced people to mere animals." is your answer</span>
I can personally say it changes your life & others around you. It will constantly make you have irrational thoughts and you won’t have a clear head space. Personally watching family go through that it’s never easy
