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________
Hello oddworld7836!
Factor the expression into an equivalent form 12y² - 75.
By observing the expression, we can see that, 3 is the only common factor in both the terms of the expression. So, take the common factor 3 out.
Now, look at (4y² - 25). They don't have any common factors but they appear in the form of the algebraic identity ⇨ a² - b² = (a + b) (a - b). Here,
- a² = 4, a = 2 (√a² = ✓4 = 2)
- b² = 25, b = 5 (√b² = ✓25 = 5)
So, the (4y² + 25) becomes...
Now, bring the 3 (common factor) & rewrite the complete expression.
We can't further simplify it. Also, remember that the simplified form of an expression is equivalent to the expression. So, 3 (2y - 5) (2y + 5) is equivalent to 12y² - 75.
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Answer:
Explanation:
La tegnologia se va asiendo vija mientras nosotros crecermos en la edad. PERO sale nueva tegnologia y es por eso que desimos solo a lo nuevo.
Answer:
the solution to the inequality is 10511
Explanation:
