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Recall the Application about the reason for the high price of movie popcorn to answer the following question(s) .
-Recall the Application. Suppose a low demander is willing to pay $8 for a movie, while a high demander is willing to pay $12 for a movie and popcorn. If the theater charged $7 for admission and $4 for popcorn, the low demander would receive a consumer surplus of ________, and the high demander would receive a consumer surplus of ________.
Living Organisms
Entities that display the characteristics of life, including the ability to grow, reproduce, respond to stimuli, and often, to move.
Homeostasis
A state of internal balance within living organisms, despite changes in external environment.
Energy
The capacity to do work or produce changes within a system, present in various forms such as kinetic, potential, thermal, etc.
Chemicals
Substances produced by or used in a chemical process, often referring to synthetic compounds.
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