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Question 5 Multiple Choice Worth 5 points)
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Read the following poem, then answer the question that follows:
Reginald wanted perfect grades,
and it almost worked out that way
Math class was his Achilles' heel
and he could never eam an A
This poem makes a mythological allusion to the Greek Hero, Achilles. An Achilles' heel refers to
O a difficult subject
O a favorite thing
O a single weakness
O a surprising event

Answers

Answer 1

The poem makes a mythological allusion to the Greek Hero, Achilles and Achilles' heel refers to C. a single weakness.

What is Achilles heel?

It should be noted that Achilles heel simply refers to a weaknesses that can lead to one's downfall.

In this case, the poem makes a mythological allusion to the Greek Hero, Achilles and Achilles' heel refers to a single weakness.

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The connection between both is that the purpose comes out of the problem statement.

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The purpose statement is to identify as explain the problem. It simply outlines what the research intends to study.

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Answer:

True

Explanation:

The Radical Republicans did in fact continue to fight for African American rights even after the war.

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Answer:

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Discuss school as a miniature society

Answers

⚠ANSWER⚠

↪In the school, socialization takes place for the first time. That is, the child starts learning to live with others, share their sorrows and happiness; take the qualities of cooperation, tolerance, love, friendship and sympathy which is very necessary in a society; so the school represents a mini society.

...hope this helps...

In the school, socialization takes place for the first time. That is, the child starts learning to live with others

Suppose market demand and market supply are given by the equations:
QD = 40 − P
QS = P − 4
a. How much is total consumer surplus at the equilibrium price in this market?
b. How much is total producer surplus at the equilibrium price in this market?

Please explain what producer surplus is. I have never done a problem with the y-intercept like this and I am confused. For CS, I got 162. No fake answers please (I will report). Thanks much & have a wonderful day!

Answers

Consumer surplus is a measure of benefit to consumers resulting from paying less than the maximum price they are willing to pay.

Producer surplus is a measure of benefit to producers resulting from selling at a price higher than the minimum price at which they are willing to sell.

Referring to the supply-demand curve, these economic surpluses are represented by the area between either curve and the horizontal line fixed at the equilibrium price.

In this case, demand is zero when P = 40; this means there is a consumer surplus whenever P < 40. Similarly, supply is zero when P = 4; then there is a producer surplus whenever P > 4. In particular, any price below this point corresponds to a supply shortage. Realistically, producers would provide the good only if P > 4.

Set supply equal to demand and solve for P to find the equilibrium price:

40 - P = P - 4   ⇒   P = 22

At the minimum price P = 4, consumers demand 40 - 4 = 36 units and producers supply 4 - 4 = 0 units. At equilibrium price, consumers demand 40 - 22 = 18 units and producers supply 22 - 4 = 18 units. Then

CS = 1/2 (36 units - 18 units) ($22/unit - $4/unit) = $162

and

PS = 1/2 (18 units - 0 units) ($22/unit - $4/unit) = $162

As per the details given, both consumer surplus and producer surplus at the equilibrium price are 162.

To find the equilibrium price and quantity in the market, we need to set the quantity demanded equal to the quantity supplied and solve for the equilibrium price ([tex]\(P_{\text{eq}}\)[/tex]):

[tex]\[QD = QS\][/tex]

[tex]\[40 - P_{\text{eq}} = P_{\text{eq}} - 4\][/tex]

Solving for [tex]\(P_{\text{eq}}\)[/tex]:

[tex]\[2P_{\text{eq}} = 44\][/tex]

[tex]\[P_{\text{eq}} = 22\][/tex]

Now that we have the equilibrium price, we can calculate the equilibrium quantity ([tex]\(Q_{\text{eq}}\)[/tex]) by plugging [tex]\(P_{\text{eq}}\)[/tex] into either the demand or supply equation:

[tex]\[Q_{\text{eq}} = 40 - P_{\text{eq}}\][/tex]

[tex]\[Q_{\text{eq}} = 40 - 22 = 18\][/tex]

a. Consumer Surplus:

Consumer surplus represents the difference between what consumers are willing to pay for a good (as indicated by the demand curve) and what they actually pay at the equilibrium price.

Consumer Surplus ([tex]\((CS\)) = \(\frac{1}{2} \times (\text{Base}) \times (\text{Height})[/tex])

where [tex]\(\text{Base}\) = \(Q_{\text{eq}}\) and \(\text{Height}\)[/tex]

= Difference between demand curve and equilibrium price

[tex]\[CS = \frac{1}{2} \times Q_{\text{eq}} \times (\text{Difference between demand curve and equilibrium price})\][/tex]

[tex]\[CS = \frac{1}{2} \times 18 \times (40 - 22)\][/tex]

[tex]\[CS = 162\][/tex]

b. Producer Surplus:

Producer surplus represents the difference between the price at which producers are willing to sell a good (as indicated by the supply curve) and the price they actually receive at the equilibrium price.

[tex]Producer Surplus (\(PS\)) = \(\frac{1}{2} \times (\text{Base}) \times (\text{Height})\)[/tex]

[tex]\[PS = \frac{1}{2} \times Q_{\text{eq}} \times (\text{Difference between equilibrium price and supply curve})\][/tex]

[tex]\[PS = \frac{1}{2} \times 18 \times (22 - 4)\][/tex]

[tex]\[PS = 162\][/tex]

Thus, both consumer surplus and producer surplus at the equilibrium price are 162.

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Answers

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Answer:

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Answers

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Hope I could help, have a nice day and please mark brainliest

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Answer:

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Explanation:

..........

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Answer:

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b
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d
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Answer:

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Answer:

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Answer:

6.What might cause someone in East Africa tobecome a refugee.

explaenation: thats the true answer

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Answer:

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Answer:

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Have an amazing day!!

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Urgent!

Answers

Answer:

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HURRY!!!!!!!!!!

Answers

Answer:

General Douglas A. MacArthur

Explanation:

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Answer:

US general Douglas MacArthur

Explanation:

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Answers

Answer:

b

Explanation:

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Explanation: just took the quiz

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