You have recently bought four tickets for $15 each to a professional baseball game. You would have been willing to pay $25 for a ticket, but probably would have bought fewer tickets if that were the case. Calculate your total consumer surplus as area.

Answers

Answer 1

Answer:

$80

Explanation:

Step one:

What is consumer surplus area?

"Consumer Surplus reflects the difference between what a consumer is willing and able to pay for a product, and what the consumer actually ends up paying.

"

The area of surplus is calculated using the formula for the area of the bounded triangle.

Area of surplus =1/2 b*h

where b= the quantity

           h= consumer surplus

Step two:

given data

the quantity of tickets = 4

b=Q-O------------ (from the chart attached)

cost per tieckt= $15

Total cost of 4 tickets= 15*4= $60

the actual price is $60

Since you are willing to pay $25 per ticket

the total amount you are willing to  pay is = 25*4= $100

Consumer surplus = y-p------------ (from the chart attached)

Consumer surplus = $100 – $60

Consumer surplus = $40

Area of surplus = 1/2 x (4) x40 = $80

You Have Recently Bought Four Tickets For $15 Each To A Professional Baseball Game. You Would Have Been

Related Questions

What was George Grenville's opinion on taxing the colonies?

Answers

Answer:

He believed that the colonies should be taxed for their defense

Explanation:

Answer:

Grenville's opinion on taxing the colonies was that they should be taxed to pay for their defenses. He believe it was the most reasonable and needed solution.

How did Mansa Musa’s hajj influence the world’s perception of West Africa?

Answers

Answer:

Mansa Musa’s Hajj had a significant impact on the development of Islam in Mali and on the perception of Mali throughout Africa and Europe. He was later accompanied back to Mali by an Andalusian architect, who is said to have designed the mosque at Timbuktu.

Explanation:

Is anyone from here doing witchcraft? And do the spellings work ? Could you just explain ?
I have to write an essay about witchcraft :)

Answers

I am actually practicing witchcraft. Yes the spells work. From my experience casting spells on other people is bad and it can result on it happening to you or you losing something.*you usually get a consequence* Some spells involve different things like candles, or herbs. Some spell don't require anything but for you to recite them. Us of the craft also like to make things like moonwater and blacksalt. We use moon water for plants to  bless them and help them grow strong. We use moon water to get rid of bad vibes and negativity. We use moon water for protection and many other things. We use black salt not just for food but with ours spells and also to drive away evil spirits.

  We make books called Book of Shadows. In the book of shadows we write about our life experiences, spells, chants,moon phases and many other things important to us. Book of Shadows is usually personal.  As a witch i have heard rude comments like were evil and worship the devil? But this is not true we work and communicate with the earth. WE are connected to the earth and moons and sometimes planets. Some of us even have gods and goddesses. Although we have some evil witches that use the craft to do bad things. I believe dark and light are equal. Without darkness we can not have light. Sometimes the darkness is beautiful and sometimes the light is blinding. I use the craft to do good. We also have altars altars contain symbols, books of spells, and plants. * It is different for every witch and you dont' have to have one*  We have witches who can craft freely and Closet witches. Closet witches basically to the craft in private because it is not accepted in their family or where they live. Closet witches hide their practice to because their shy or to protect themselves.

This is all i can tell you. Hope it helped. Bye! )O(

Help ASAP plz help for 10 point

Answers

Answer:

Explanation:

Darius divided the Persians into provinces. Cyrus defeated the Medes. Both tolerated other religions. Both expanded the Persian Empire. Cyrus created the Immortals.

Answer:

Cyrus the Great

-defeated the Medes and became the first leader of the Persian Empire

-created the Immortals, a force of 10,000 highly skilled warriors to serve him

-expanded the Persian Empire by conquering surrounding lands

Darius 1

-divided the Persian Empire into 20 provinces (these were called satraps)

-tolerated religions and customs of conquered peoples

-established the capital called Persepolis

Explanation:

The French and Indian War was part of what larger conflict?

Answers

Answer: it is the seven years war I believe.

Answer:

The seven years war

Explanation:

The French and Indian war began in 1754 and ended in 1763.

Which statement correctly identifies a step in the process of amending the Constitution?

Select one:


The Supreme Court has to rule that the amendment is constitutional.


The president has to sign the amendment into law.


The amendment has to be approved by three-quarters of all states.


The amendment has to be approved in a referendum by a majority of voters.

Answers

Answer:

The amendment has to be approved by three-quarters of all states.

Explanation:

An amendment to the constitution is a modification of a law, in which elements will be added or removed that will allow the law to be more comprehensive, functional and efficient. However, for an amendment to be approved and inserted in the federal constitution, it has to go through a long process, which guarantees not only its constitutionality, but also approval in national policy. In this process, one of the stages states that it is necessary that the amendment be approved by three quarters of all states.

Compare and contrast the economies of the Aztec and Inca
empires.

Answers

Answer:

differences:

>The Aztecs held sway in Central Mexico between 1325 AD and 1523 AD. Though an extremely warlike race, they had developed a fine technique of agriculture. They would keep soil on rafts made of reeds, and plant them with seeds. These floating gardens were called Chinampas.

>The Incas on the other hand lived on the South Eastern Coast of South America in what is now modern Peru, from 1450 AD to 1535 AD. They had devised a most ingenious system of farming on terraces carved out of hillsides, which they irrigated using water drawn from canals and streams. Corn, beans and squash were their staple diet.

>The Aztecs were particularly fierce people as evidenced even by their social and cultural practices. They even played a ball game called Tlatchli, in which the losers were sacrificed. They usually sacrificed llamas to the sun god. In fact, a sacrifice was an integral part of their culture. They would go to war in order to be able to take captives for sacrifice.

>The Incas on the other hand were a peace loving people. It was perhaps this tendency that led to their easy downfall. Their last king and his entire retinue of nobles were treacherously killed by Spanish conqueror, Francisco Pizzaro, whom they had come out to greet. The Aztecs on the other maintained a standing army and held the Spaniards in the longest siege in history.

similarities:

- Both excelled in imperial and military organizations.

- The two were based upon intensive agriculture organized by the state; goods were redistributed to groups or social classes.

- The Aztecs and Incas transformed an older kinship system into a hierarchical one where the nobility predominated.

People practiced farming, developed social structures, raised armies, and worshipped many gods.

Both empires emerged in the 14th and 15th centuries as postclassic civilizations building on the innovations of earlier political powers but expanding to greater extents

Both empires were entirely infantry, but well supplied, well-organized, and extremely aggressive and militaristic. Javelins, slings, spears and maces were used in battle.

Both empires had inherent instabilities

Both empires were fueled by corn.

Both empires have little to no seafaring, and instead stuck to the mountains and valleys in the center of the region.

Both empires conquered hundreds of cities in the region that resented their rule and taxation

Both empires were ended by Spanish invasions that capitalized on native divisions, introduced disease, and Spanish technology of guns, horses, and steel.

Both empires are misnamed-the Inka was the ruler of Tawantinsuyu, and the Aztecs adopted the name Mexica.

Both empires provided public education

Both Atahualpa and Moctezuma decided against confronting the Spanish militarily, allowing for the Spanish to take the Emperors hostage.

Attempts to restore the monarchy came after the capture and death of the emperor but were too late

Explanation: is this good?

how did the Indian Reorganization Act improve the life of Native Americans

Answers

Answer:

it provided the return of surplus lands to the tribes rather than to homesteaders. It encouraged written constitutions and charters giving Indians the power to manage their internal occurrences

Answer:

In contrast to the horrific Indian Removal Act, the Indian Reorganization Act and the Indian Self-Determination and Education Assistance Act aimed to correct many of the mistakes made during the nineteenth century. The Indian Reorganization Act passed in 1934 and gave Native Americans the right to open businesses and created a system through which Native Americans could have access to vocational training and credit. The Indian Self-Determination and Education Assistance Act was even bigger, as it granted tribes the right to govern their own territory (limited tribal sovereignty) while still giving them access to federal money.

Explanation:

How have the consequences of the slave trade influenced world history?​

Answers

The long-term economic exploitation of millions of black slaves was to have a profound effect on the New World's history. Most fundamentally, it produced deep social divides between the rich white and poor black communities, the consequences of which still haunt American societies now, many years after emancipation.
sorry if this didn't help!!

It has given rise to Black Lives Matter and racial equality it has also influenced why America and Britain are really rich countries because the slaves increased their output of good the reason I put racial equality is because some people tried to escape and bought guns to start riots and started the American Civil War.

Which of the following innovations had the greatest impact on standards of living in urban areas?

A. skyscrapers
B. electric streetlights
C. electric cable cars
D. steam engines

Answers

Answer:

The answer would be C - electric cable cars.

Explanation:

Electric cable car innovations had the greatest impact on the standards of living in urban areas. Thus, option 'C' is the correct option.

What is considered an urban area?

An urban area, also known as a built-up area or an urban agglomeration, is a place where people live in close proximity to one another. Urban morphology classifies urban areas as cities, towns, conurbations, or suburbs after urbanization. The territory around a city is referred to as an urban area. Most people who live in cities work in non-agricultural industries. Urban areas are highly developed, which means there is a high concentration of human construction including homes, businesses, highways, bridges, and trains.

Urban areas can include suburbs, cities, and villages. The development of previous forms of urban areas during the urban revolution resulted in the development of contemporary urban planning, which combined with other human activities like the exploitation of natural resources led to the establishment of human civilization.

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Which offices were part of the new structure of the Soviet Union?
Select all correct answers.
Central Committee
Socialist Republics
Duma
Politburo

Answers

politburo and Central committee

How were the founding fathers influenced by the idea of Natural Law and Natural Rights? Which of the ideas listed below do you consider most important and why? Magna Carta The Enlightenment The Mayflower Compac

Answers

Answer and Explanation:

1. They were influenced by John Locke who introduced them to the rules of natural rights and natural law. Locke explained to the founding fathers that according to these concepts, all individuals are equal and are born with some inalienable rights, which cannot be removed or modified by anyone, as they are given by God and are important for everyone's survival. The founding fathers found these concepts coherent and adopted these thoughts.

2. In my opinion the Enlightenment was the most important idea, because it generated the necessary framework for the current society that we know and deprived us of many annoying people, but all the ideas mentioned were important in their own ways.

The Third Amendment to the Constitution would be violated if people

Answers

Answer:

were not allowed to practice their religion. people were not allowed to speak freely. people were forced to house soldiers in their homes. people had their property searched without a warrant.

Explanation:

Answer: to not allow soldiers in civilian houses

Explanation:

Who became the first Creole governor of Louisiana?
O William C. Claiborne
O William Clark
O Julien Poydras de Lalande
O Jacques Philippe Villeré

Answers

Answer:

William C. Claiborne

Explanation:

hope this helps

Answer:

A. William C. Claibrone

Which strategy did companies use to stop strikes from growing?
a) hired workers to cross the picket line if a group of workers went on strike.
b) offered workers a sum of money to stop striking.
c) asked supervisors to do the work of the people on strike.
d) forced workers to sign contracts promising they would not strike.

Answers

It d hope it help you

What are some potential long term consequences of WWII?

Answers

Answer:

World War II

Explanation:

what about a person born in France whose parents are both American citizens ?
is a yes or no question

Answers

Answer: no

Explanation: they weren’t born in America only their parents are

What were the British motivations for creating the acts?

Answers

Answer:

The people being sincere

Explanation:

PLEASE HELP ASAP!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!


What was the purpose of Washington's Farewell Address to the American people?


a.) It helped to have a strategy to getting involved in foreign wars.

b.) It taught the government ways to borrow more money wisely.

c.) It served as a guide for future Presidents and government leaders.

d.) It gave rules for Congress to follow to make us the greatest nation in the world.



explain why!!!!!!!

Answers

Answer:

C

Explanation:

It taught people to move on

What was the result of the Stono

Rebellion? The slaves were able to make it the west and gain land of their own.

The slave trade was restricted in the colony of South Carolina.

The Slave Codes were strengthened to control slave life.

The slaves were able to make it to Spanish Florida and get their freedom.​

Answers

Answer:

On Sunday, September 9th, 1739 the British colony of South Carolina was shaken by a slave uprising that culminated with the death of sixty people. Led by an Angolan named Jemmy, a band of twenty slaves organized a rebellion on the banks of the Stono River.

Hope this Helps!

Answer:

the answer is c  

Um...Hello! I am doing a Slide Show Presentation Project that is due in a couple of days, And i really want my slide show to stand out. It would really make me happy if you guys could come up with some ideas for the project or some important information about The Black Death, information that will help catch everyone's eyes, something a teacher could have never thought of! Thank you <3 Also if you can, add some photos that i can add to the slide show!

Answers

Answer:

Gets some photos:) and Who cured the Black Death? and How many people died from the Black Plague?

Explanation:

Some of the cures they tried included: Rubbing onions, herbs or a chopped up snake (if available) on the boils or cutting up a pigeon and rubbing it over an infected body. Drinking vinegar, eating crushed minerals, arsenic, mercury or even ten-year-old treacle!

I hope I get brainlist(crown) :)

25 million people

Explain the historical circumstances that led to the historical development depicted in the image above.

pls help me with this​

Answers

Answer:

Germany unification occurs while Austria-Hungary separation occurs.

Explanation:

In Germany, due to nationalism all the parts united and made as one nation while in Austria-Hungary due to nationalism all parts are separated from one another. Unification of German occurs due to two wars, Prussia with Austria and Prussia with France. these two leads to nationalism in Germany and then extreme nationalism occurs which leads to first world war. This disunity among the people eventually led to the downfall of Austria.

The historical circumstances that led to the historical development depicted in the image above is:

The amalgamation of Germany and separation of Austria-Hungary

According to the given question, we are asked to show the historical circumstances that led to the historical development depicted in the image above.

As a result of this, we can see that from the given map, we can see that there is the coming together of the different states to form one nation Germany as a result of nationalism.

Furthermore, Austria-Hungary begins to break apart, starting with Prussia.

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what effect did slavery have on americans for african people and communities?

Answers

Answer: it has been estimated that over 12 million Africans were forcibly removed from Africa and transported across the Atlantic to the Caribbean islands and the American continent. The size of the Atlantic slave trade dramatically transformed African societies.

The slave trade brought about a negative impact on African societies and led to the long-term impoverishment of West Africa. This intensified effects that were already present amongst its rulers, kinships, kingdoms and in society.

Explanation:

If a state nullifies a federal law that means they do what

Answers

Answer:

it means to invalidate or cancel/get rid of the federal law

Explanation:

HELP!!!! What was the Silk Road and what were the advantages and disadvantages of this route???

Answers

Answer:

The silk road is a trade passage/route from the east and west. The advantages of the silk road is the trading post, transport, and the exchange of goods. Disadvantage is how fast diseases where spread. The start of the plague was because of the silk road

Explanation:

Answer:

the silk road was a trade route that connected China and Europe and was used for trading goods like fabric and spices.

some advantages were that it connected everyone. this allowed technological advancements because people were learning new things from each other.

A disadvantage was the spread of many diseases which include the black death.

What were some causes of the Mexican revolution?

Answers

Answer:

THE CAUSE. The Mexican Revolution was brought on by, among other factors, tremendous disagreement among the Mexican people over the dictatorship of President Porfirio Díaz , who, all told, stayed in office for thirty one years.

Explanation:

Hope this helped

What event stressed the dependence on God and was known as a
religious revival?
1)Great Awakening
2)Enlightenment
3)Glorious Revolution
4)O Middle Passage

Answers

Answer:

1

Explanation:

Great Awakening is the answer

Why do most people in canada live in the most southern side of the country?

Answers

Answer:

The southern part of the country has much more vegetation, wetlands and lakes. Northern parts are therefore much dryer and the southern parts get more rain during the rainy season, running

Explanation:

How did D.W. Griffith's 1915 movie Birth of a Nation impact the status of African-American civil rights?

Answers:
A) Negatively, because it glorified the Ku Klux Klan
B) Negatively, because they blamed the murder of Lincoln on an African-American
C) It provided solutions for improved race relations
D) It portrayed African Americans in a positive way

Answers

Answer: A) Negatively, because it glorified the Ku Klux Klan

Hope this helps.

Shotoku’s legacy is _______ .
a.
the economy
c.
the military
b.
the arts
d.
the government


Please select the best answer from the choices provided

A
B
C
D

Answers

Answer:

A. the economy

Explanation:

Answer:

a. the economy

Explanation: boom

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