Refer to Table 4-2. The table above lists the highest prices five consumers are willing to pay for a concert ticket. If the price of one of the tickets is $20

A) only Violet and Walter will buy tickets.
B) everyone will buy a ticket except for Zachary.
C) the total consumer surplus from the purchase of tickets will be $122.
D) Xavier's consumer surplus is $50.

B

Economics

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Explain what developed countries can do to respond constructively to the environmental damage being done in developing countries

What will be an ideal response?

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Intermediate inputs are

A) goods used for household consumption only. B) goods used for government consumption only. C) goods purchased by one business from another to use in production. D) goods purchased by foreigners. E) raw materials used in the production process.

Economics