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

An irrational number between 2 and 2.5

Answers

Answer:

Irrational number between 2 and 2.5 = √2*2.5 = √5

Step-by-step explanation:

2 < √5 < 2.5

We know that √5 is an irrational number.

So, √5 is the required irrational number between 2 and 2.5.

Solve 4 - 2(-5a - 10)=30 and justify each step

Answers

First you would do parenthesis according to the PEMDAS(Parenthesis, Exponents, Multiply, Divide, Add, Subtract) Rule

4 -2(-5a -10) = 30

4 + 10a + 20 = 30

Now you need to add 4 and 20 because they are on the same side

24 + 10a = 30

Now subtract 24 on both sides

24 + 10a = 30

-24. -24


10a = 6

Last divide 10 from both sides


10a/10. = 6/10

a= 6/10

Last simplify (optional but recommended)

a = 3/5 or 0.6


Hope this helped :)


A = 0.6

Is Mabel correct?

A. Mabel is correct.
B. No, she made a mistake in step 2
C. No, she made a mistake in step 3
D. No, she made a mistake in step 4

Answers

Let's solve your equation step-by-step.
(
4
x

3
)
(
(
x

2
)
2
)
=
4
x
3

19
x
2
+
4
x

12
4
x
3

19
x
2
+
28
x

12
=
4
x
3

19
x
2
+
4
x

12
Step 1: Subtract 4x^3 from both sides.
4
x
3

19
x
2
+
28
x

12

4
x
3
=
4
x
3

19
x
2
+
4
x

12

4
x
3

19
x
2
+
28
x

12
=

19
x
2
+
4
x

12
Step 2: Add 19x^2 to both sides.

19
x
2
+
28
x

12
+
19
x
2
=

19
x
2
+
4
x

12
+
19
x
2
28
x

12
=
4
x

12
Step 3: Subtract 4x from both sides.
28
x

12

4
x
=
4
x

12

4
x
24
x

12
=

12
Step 4: Add 12 to both sides.
24
x

12
+
12
=

12
+
12
24
x
=
0
Step 5: Divide both sides by 24.
24
x
24
=
0
24
x
=
0
Answer:
x
=
0

Answer:

D. No, she made a mistake in step 4

Step-by-step explanation:

(5x10-6) (4x10 - 6) =

Answers

Answer:

1496

Step-by-step explanation:

Solve the equation and simplify

at what rate of interest the compound amount on rs 8000 for 2 years is rs 10648? Please someones help me ​

Answers

Answer:

hope this helps and pls mark as brainliest

For some reason, in our history class, there are 14 more boys than there are girls. If a total 32 students are in the class, how many boys and how many girls are there

Answers

28 boys and 4 girls would be in the class :)

hello sorry if i actually ask really stupid questions i dumb

Answers

Hi, no ur fine! We r all here to help each other, but um do u need anything?

i can assure u you are smarter then me

Who ever is reading this:

I love u.

U matter.

The world needs u

hang in there ik it may be bad but u deserve the world <3

ur beautiful for who u r, not wht u look like. no matter ur shape, size, color, gender.. anything

don't give up bby i need u to live.

i wish i could take everyones problems so yall wouldn't have to have em but i cant so just know ily and if anyone needs to talk u can talk to me

Pls pass this on. Everyone deserves to know this. ♥️♥️

just copy and paste its not hard pls this could save someones life

Which expression is equivalent to -0.55 – 0.47a + a?
0.53a
0.55
0 -0.02a
Submit Answer
1.02 + a
0 -2.02a
O Type here to search
OBI

Answers

Answer:

-0.55 + 0.53a

Step-by-step explanation:

              -0.55 – 0.47a + a

 To find an expression equivalent to this, we must simplify the equation to a reasonable extent;

         -0.55 – 0.47a + a

      = -0.55 + 0.53a

      = 0.53a - 0.55

The expression equivalent to the given one is -0.55 + 0.53a  or 0.53a - 0.55

What does an expression never have.
A.variables
B.numbers
C.equals sign

Answers

Answer:

C

Step-by-step explanation:

An Expression has no equal sign, because it is not complete. Yet an equation does.

what am I supposed to do here? I need help

Answers

Answer:

B = 5.5

Step-by-step explanation:

Take 5 to R.H.S,

4b=22,

b=22/2,

b=5.5

Please answer correctly !!!!!!!!!!!! Will mark brainliest !!!!!!!!!!!!!

Answers

Answer: 13x-1

Step-by-step explanation:

what is the equation of the line that passes through (5,3) and is parallel to 5x+ y=8

Answers

Answer:

5x+y=28

..................................

Answer:

Step-by-step explanation:

y = -5x + 8

y - 3 = -5(x - 5)

y - 3 = -5x + 25

y = -5x  + 28

Plz help I am confusion

Answers

Answer :

Option D : ( 7 , 5 )

We can use x +y / 2 = midpoint,

Let x be point A and y be point B

((1,1) + x)/2 = (4,3)

(1,1) + x = 2(4,3)

x = (8,6)-(1,1)

x = (7,5)

Hope it helps :)

Mark it as Brainliest pls :)

arwrerhrrwgewgewgrwqegwewes

Answers

I believe that the answer is A.

Use the vertical line test to determine whether or not the graph is a graph of a function. plz help

Answers

Answer:

pretty sure both are yes

Triangle ABC has the coordinates A(-3, -2), B(2, 4) and C(2,-2). What is the area of triangle ABC?
square units

Answers

Answer:   The area is 15 square units

Step-by-step explanation:  It is helpful to sketch the coordinates on a graph to get an idea of what the triangle looks like so you can see which side will be the base, and where to get the height. You will see that AB is the hypotenuse, it is a right triangle, so AC can be the base and BC is the height.

Use the differences in x-values of points C & A to get the length of the base:   2-(-3) is 5

Use the differences in y-values of points B & C to get the height:

4-(-2) = 6

Area = bh/2

A = 5×6/2 = 30/2

A = 15 square unts

what is the ratio of 3:4

Answers

The simplified or reduced ratio "3 to 4" tells us only that, for every three men, there are four women. The simplified ratio also tells us that, in any representative set of seven people (3 + 4 = 7) from this group, three will be men. In other words, the men comprise 73 of the people in the group.

Hi there!

Answer:

[tex]\boxed{6:8}[/tex]

Step-by-step explanation:

3 : 4 = 600 : 800

[tex]3 : 4 = 1 : 1.3333333333333= 0.75 : 1[/tex]

[tex]3\\3 + 4\\= 42.857142857143%[/tex] ( don't mind theis part because idk how make the chart )

Have a great day/night!

if a = 4 and b=3, what is the value of (a+b) (a-b)​

Answers

Answer:

-7

Step-by-step explanation:

(4+3)x(4-3)

4+3=7

4-3=-1

7x-1= -7

Helppp with those two I and j

Answers

Answer: For I the answer is m=55, for J the answer is x=24

Step-by-step explanation:

I. Remote interior angles add up to exterior which means 30+80=2m which is 110=2m. Divide 110 by 2 gives you m=55

J. Same concept but this time it is 5x=120, divide 120 by 5 gives you 24.

I need help with this stupid question, my teacher got me confused when he kept talking about different things!

Answers

Answer:

2 5/8

Step-by-step explanation:

1 3/4 + 7/8

add the fractions together

look for the lcm bwt 4 and 8

1 6 + 7

____

8

= 13/8 = 1 5/8

1 + 1 5/8

= 2 5/8

What is the slope of a line segment with endpoints at (-1,1) and (1,5)?

O undefined

O 4.

O 0.5

O 2

Answers

The answer is 2 use the x1 x2 over y1 y2 formula

What is 10 times greater than 2000

Answers

Answer:

20,000

Step-by-step explanation:

Let's take it step-by-step

10 times greater than 2,000

10 x 2 = 20, 10 x 20 = 200, 10 x 200 = 2,000, 10 x 2,000 = 20,000

just remember to add a zero after each number so, if you have 10 x 20, just take the 2 and but a zero, 20, 10 x 20 = 200, Etc.

If you need more help let me know :)

Ten times greater than 2000 is 2000.

How to find out how many times greater or less given quantities are relative to each other ?

To find how much greater one quantity is to other just divide other quantity by one quantity.If how many times is given and have to find greater just multiply the given quantity by the given times.

In the given question 10 times greater than 2000 is 2000 multiplied by 10   = 20000

To reverse check divide 20000 by 2000 and the result should match the previous result you have obtained.

Learn more about These type of problems here :

https://brainly.com/question/9890486

#SPJ2

What’s the diameter of a circle 5in

Answers

Answer:

About 1.591 in

Step-by-step explanation:

diameter

=

5

π

1.59

to 2 dec. places

Explanation:

the circumference (C) of a circle is

x

C

=

π

d

d is the diameter

here

C

=

5

π

d

=

5

divide both sides by

π

π

d

π

=

5

π

d

=

5

π

1.59

to 2

The diameter is

35

22

.

Explanation:

The diameter of a circle is twice its radius.

We can find the radius of the circle by the equation

circumference

=

2

π

r

Now, just plug it in as

5

=

2

π

r

5

=

2

(

22

7

)

r

r

=

5

(

1

2

)

(

7

22

)

r

=

35

44

Since the diameter is twice the radius,

d

=

35

44

2

d

=

35

22

Stan made a scale drawing of his living room that had a scale factor of 1/2 inch = 2 feet. The dimensions of the living room in his drawing are 3 1/2 inches by 3 3/4 inches. Carpet sells for $3.99 per square foot. how much will it cost Stan to carpet his living room?

Answers

Answer: 209.48

Step-by-step explanation:

Someone please help me with these I’m stuckkkkkkkkkk!!! It’s Due in less than 5 minutes ofmymgmtmtmrmfndnka

Answers

Answer:i can help with the first 3 #1 = 6, #2 = 13, and #3 = 7

Step-by-step explanation:

Answer:

A:5.91607978

b:13.0384048

c:2.11660105

I don't know D e or f(I dont know how to solve those......)

Step-by-step explanation:

x + y + 6 = 0 in standard form

Answers

Answer:

y=6

Step-by-step explanation:

Answer:

x+y= -6

fdjbndfvfdvjdbhsvbjdshfb .sf sb . bv dsvrkvbesurvbkvbr  


WILL MARK BRAILYIST hellllpppp plzzzz

Answers

The answer is: 58 degrees

Which graph shows the solution to the system of linear

Answers

Where are the graphs at...?

Please answer these... please

Answers

Answer:

1) y=1/8x+2

2) y=1/35x+100

Step-by-step explanation:

answer my question asap
please! I will be forever greatful
have a great day
i love brainly

Answers

Answer:

2. I think. Sorry if its wrong. Have a beautiful day! :)

Step-by-step explanation:

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