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 objectives of Accenture's e-stewards program are:
- Its goals to provide a more sustainable and responsible recycling solution to electronic waste (e-waste) problem
- Right handling of electronic waste and no more dumping of electronic waste in poor countries
- No exportation of harmful electronic wastes
- A shift to reuse and resale, repair, republish and re-manufacture.
- E-waste encompasses all waste of electrical and electronic equipment that are often disposed with or without the intent of reuse. is disposed via incineration, reuse, recycling etc.
- e-Stewards is simply known as a form of certification to an organisation, company or recycling business gotten from the international non-profit environmental group.
Conclusively, we can say that the objectives of Accenture's e-stewards program are:
- Its goals to provide a more sustainable and responsible recycling solution to electronic waste (e-waste) problem
- Right handling of electronic waste and no more dumping of electronic waste in poor countries
- No exportation of harmful electronic wastes
- A shift to reuse and resale, repair, republish and re-manufacture.
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I think it is the first answer choice " to explain why the Amazon Rainforest should be protected." Because that's what the passage is about. Someone explaining why the Rainforest should be protected and what will happen if it is destroyed.