Sue is offered a job reshelving books in the University of Montana library from noon until 1 p.M. Each Friday. Her reservation wage for this task is $10 per hour. If the library director offers Sue $100 per hour, how much economic surplus will she enjoy as a result of accepting the job? Now suppose the library director announces that the earnings from the job will be divided equally among the 400 students who live in Sue's dormitory. Will Sue still accept? Explain how your answers to parts a and b illustrate one of the incentive problems inherent in income redistribution programs.

Answers

Answer 1

Answer:

Step-by-step explanation:

Sue's initial wage per hour = $10

Sue's wage per hour after the increase = $100

a. Economic surplus to be enjoyed = $100 - $10

                                                      = $90

Sue would enjoy an economic surplus of $90.

b. No, because in this case the wage per hour for each 400 student would be;

                                          =  [tex]\frac{100}{400}[/tex]

                                          = $0.25

                                          = 25 cents

Redistribution of income is the act of equal sharing of wealth among a certain number of people.

The problem here is that Sue would feel cheated with the division of the earnings among 400 students, but very happy when her wages was increased.

Though the income incentive redistribution programs reduce poverty, but it may be unfair.


Related Questions

what is the value of 5 in 7,156,489​

Answers

The 5 is on the ten thousand place.

Answer:

The value of 5 is 50,000

Step-by-step explanation:

Help me guys I suck at this :(

Answers

Answer:

D.

Step-by-step explanation:

Breianliest?

Solve for x: 3x + 11 = 41

Answers

Answer:

x=10

Step-by-step explanation:

move all terms that don't contain x to the right side and solve.

Which describes the role of oxygen in photosynthesis? A. It is a reactant, so it is released by the plant. B. It is a product, so it is released by the plant. C. It is a reactant so it enters the plant. D. It is a product, so it enters the plant. ​

Answers

Answer:

B) It is a product, so it is released by the plant.

Step-by-step explanation:

- Plants release oxygen for humans and humans give carbon dioxide to plants.

- The role of oxygen in photosynthesis is a waste product.

Answer: The oxygen gas is a product, so it is released by the plant.

Explanation:

Photosynthesis is defined as the process by which the producers make glucose with the help of carbon dioxide and water in the presence of sunlight.

The chemical equation representing this reaction follows:

In the above reaction, oxygen gas is written on the product side. So, it is formed by the plant and is released.

Hence, the oxygen gas is a product, so it is released by the plan.

Which expression has a value of 2/3
1. 8 + 24 : 12 x 4
2. 8 + 24 = (12 x 4)
3. 8+ (24 = 12) x4
4. (8 +24) + (12 x 4)

Answers

Calculate those problems in photomath or mathaway it will help promise.

What is the range & domain of the set
{(−6, 14), (10, 19), (4, -9), (3, 2), (6, −13)}

Answers

Answer:

The domain is {-6, 3, 4, 6, 10}

The range is {-13, -9, 2, 14, 19}

Step-by-step explanation:

Any set of ordered pairs has a domain and a range

The domain is the values of x-coordinates of all ordered pairs

The range is the values of y-coordinates of all ordered pairs

∵ The set is {(-6, 14), (10, 19), (4, -9), (3, 2), (6, -13)}

x-coordinates of all points are -6, 10, 4, 3, 6

→ These values are the domain of the set

∴ The domain is {-6, 3, 4, 6, 10}

y-coordinates of all points are 14, 19, -9, 2, -13

→ These values are the range of the set

The range is {-13, -9, 2, 14, 19}

Find the difference.
24 - 48
-100 points

Answers

Answer:

24-48=-24

Step-by-step explanation:

24-48-100

=- 24-100

= -124

Lol

What happens to Jay's motion at 30 minutes into
his walk?

Answers

What do you mean
I'm really confused on what your asking

Answer:

Jay starts moving at a constant speed , coming towards the reference point.

Step-by-step explanation:


Let r varies inversely as u, and r = 8 when u =5. Find r if u=55

Answers

Answer:

Step-by-step explanation:

Given that, r varies inversely with u. r=k÷u, k being the constant.

Therefore, k=8×5, ( after making k the subject of your formula).

This implies that k=40.

Now, according to the formula r=k÷u,

r=40÷55

Therefore, r=0.72

(12p^2 + 15p + 3) - (2p^2 + 17p - 2)

Answers

Answer:

10p² - 2p + 5

Step-by-step explanation:

Step 1: Write expression

(12p² + 15p + 3) - (2p² + 17p - 2)

Step 2: Distribute negative

12p² + 15p + 3 - 2p² - 17p + 2

Step 3: Combine like terms

10p² - 2p + 5

Three farmers buy a total of 2,249 acres of land at an auction, Farmer Mel buys land that is 3 times as many acres as Farmer Cassius's land. Farmer Cassius buys land that is 3 times as many acres as Farmer Anne's land. How many acres of land does each farmer buy?​

Answers

Answer:

Farmer Anne's land = 173 acres

Farmer Cassius = 519 acres

Farmer Mel = 1,557 acres

Step-by-step explanation:

Total acre = 2,249

Let

Farmer Anne's land = x

Farmer Cassius = 3x

Farmer Mel = 3(3x) = 9x

x + 3x + 9x = 2,249

13x = 2,249

x = 173

Farmer Anne's land = x = 173 acres

Farmer Cassius = 3x

= 3(173)

= 519 acres

Farmer Mel = 3(3x) = 9x

= 9(173)

= 1,557 acres

Therefore,

Farmer Anne's land = 173 acres

Farmer Cassius = 519 acres

Farmer Mel = 1,557 acres

If Jan jogged 8x−21 miles and Julie jogged 24x−63 miles, how many times longer was Julie's travel distance than Jan's? A.3 B.16 C.24 D.63

Answers

Answer:

A.3

Step-by-step explanation:

Quick I need help!!!

Answers

Answer:

-19

Step-by-step explanation:

PLEASE HELP MEEEE BRAINIEST TO WHOEVER IS RIGHT.

Answers

What’s D it doesn’t show?

Answer:

B

Step-by-step explanation:

Divide line segments
What are the coordinates of point Bon AC such that AB
BC?
Given Options
A (-3,1.5)
B (-3,1.6)
C (3,-5.3)
D (3,-5.26)

Answers

Answer:

I think its B.

Step-by-step explanation:

Your answer would be B

I need help please ​

Answers

I am pretty sure its B (minimum at -1, -4) because that would be were the first point would be at. The Graphing of this equation would be a "upside down u" shape.

−7 + 3(8n − 8) = 8(7 + 3n) please show work

Answers

Answer:

Step 1: Simplify both sides of the equation.

−7+3(8n−8)=8(7+3n)

−7+(3)(8n)+(3)(−8)=(8)(7)+(8)(3n)(Distribute)

−7+24n+−24=56+24n

(24n)+(−7+−24)=24n+56(Combine Like Terms)

24n+−31=24n+56

24n−31=24n+56

Step 2: Subtract 24n from both sides.

24n−31−24n=24n+56−24n

−31=56

Step 3: Add 31 to both sides.

−31+31=56+31

0=87

Answer:

There are no solutions.

Step-by-step explanation:

Right triangle ABC is shown below.
A similar right triangle would be created by a run of 4 and a rise of

Answers

The answer is 12

Step-by-step explanat

Answer:

12

Step-by-step explanation:

Q
100%
What is 110 divide 2?

Answers

Answer: 55

110 ÷ 2 = 55         110 in half is 55 because 10 in half is 5 and  100 in half is 50 so 55 +5 = 55

110÷2=55

Step-by-step explanation:

A store increases the price of a sweater from $20 to $22.

What is the percent of increase?

Select from the drop-down menu to correctly complete the statement.

The percent of increase is

Answers

Answer:

10 percent

Step-by-step explanation:

Since the increase is 2 dollars, you divide 20 by 2 to see the percent increase. This equals ten percent.

Hope this helps! Happy friday:)

Answer:

Percent Increase = 10%

Step-by-step explanation:

$22-$20

= $2

Use percentage formula (percentage = increase in price *100 / Initial price)

2*100 / 20

= 200/20

= 10

Solve x-2/y = z for y.

Answers

Answer:

y = 2/x - z

Step-by-step explanation:

A scale model of a building has a height of 1/5 meter. The scale of the model is 1 cm = 0.5m. What is the height of the building?

Answers

Answer:

2000 meters

Step-by-step explanation:

first you have to convert the meters into centimeters so then 1cm=100 cm

1/5 meter=20 cm

20*100=2000

2000 centimeters or 20 meters

hope this helps

brainliest?

How many miles are equivalent to 800 meter

Answers

Answer:

1 mile=o.oo621371 meters

Step-by-step explanation: with that the answer would be 0.497097

For an approximate result divide the length value by 1609.
Answer: 0.497 miles is equivalent to 800 meters.

Please help me with this!! 18 points!!

Answers

Answer:

Step-by-step explanation:

20 is    8x8^5=262144   (8x8)^5= 1073741824 so they are not the same

21 is     (3^2)^-3 = 0.001372   (3^3)^-2=0.001372 THEY ARE NOT THE SAME

okay thats

all i got its a bit hard to read for me sorry

What is the length of a diagonal oh cute with a side length of 3 cm?

Answers

Answer:d≈5.2cm

Step-by-step explanation:

d=3a=3·3≈5.19615cm

Can someone help me ASAP!!
WILL MARK YOU BRAINLIEST!!!!!!!!!!!

Answers

Answer: Number 2 is the second one B

Answer:

I’m pretty sure that #1 is D because their are 4 different degrees making it a quadratic

Step-by-step explanation:

1
Use the properties of an Isosceles Triangle to solve for x and y.
AJKL is an isosceles triangle. Find the values of x and y

Answers

Answer:

x = 3y = 11

Step-by-step explanation:

isosceles triangle

solve for x:

JK = KL

8x = 13x - 15

15 = 13x - 8x

15 = 5x

x = 3

solve for y:

180 = 76 + 2(5y - 3)

180 - 76 = 10y - 6

10y = 110

y = 11

I NEED HELP ASAP!!!!!!!!!!!!!

Answers

Answer:

C.

Step-by-step explanation:

the answer is c
started at 78 and decreased by 6

What’s the expression for “seven times x is no more than 15”

Answers

the answer is 7x≤15 because 7 times x (7x) can't be greater than 15, so the inequality would be less than or equal to because it had to be less than or equal to 15.

7x≤15

solve 3(3+3) + 3(3+3)​

Answers

Answer:

3×6 + 3×6 =36

Step-by-step explanation:

3 multiply 3+3 = 3*6 =18×2 =36

Answer:

Step-by-step explanation:

=3(3+3)+3(3+3)

=3x6+3x6

=18+18

=36

I hope this helps

Pls mark as Brainliest

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