Elijah is lucky enough to get a rent-controlled apartment for $800 per month. The market rent on such an apartment is $3,000 per month. Elijah herself values the apartment at $2,000 per month, and she’d be quite happy with a regular, $2,000 per month apartment. If she stays in the apartment, how much consumer surplus does she enjoy?

Answers

Answer 1

The consumer surplus that Elijah will get based on the information is $1200.

What is consumer surplus?

It should be noted that consumer surplus simply means the economic measurement of the benefits that the consumer gets from market competition.

From the information, Elijah is lucky enough to get a rent-controlled apartment for $800 per month and the market rent on such an apartment is $3,000 per month.

Since Elijah herself values the apartment at $2,000 per month, the market surplus will be:

= $2000 - $800

= $1200

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Related Questions

A triangle has side lengths of,x, x+1, and 11. Find each side length when the perimeter is 30 inches

Answers

The sides of the triangle whose perimeter is 30 are given by-

[a] = 9 , [b] = 10 , [c] = 11.

What is the perimeter of triangle?

The perimeter of triangle is the sum of its sides. Mathematically -

Perimeter [P] = a + b + c

Given is a triangle whose side measurements are x, x + 1, and 11. The perimeter of triangle is 30 inches.

From the definition of the perimeter of a triangle -

Perimeter = sum of its sides

x + (x + 1) + 11 = 30

x + x + 1 + 11 = 30

2x + 12 = 30

2x = 18

x = 9

Now -

Length of side 1 = [a] = 9

Length of side 2 = [b] = 10

Length of side 3 =  [c] = 11

Therefore, the sides of the triangle whose perimeter is 30 are given by-

[a] = 9 , [b] = 10 , [c] = 11.

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Jeff found that one third bag of popcorn weighed 1/4 lb how many pounds will one full bag of popcorn weigh

Answers

Based on the weight of one third bag of popcorn, one bag of popcorn weighs 3/4 lb

How to determine the weight of one bag?

The statement is given as

One third bag of popcorn weighed 1/4 lb

This means that

1/3 bag = 1/4 lb

Multiply both sides of the equation by 3

So, we have the following equation

3 * 1/3 bag = 1/4 lb * 3

Evaluate the products

So, we have

3/3 bag = 3/4 lb

Evaluate the quotient

So, we have

1 bag = 3/4 lb

Hence, the conclusion is that the weight of one bag is 3/4 lb

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mrs green wants to use wood to make a fence around her circular garden. Her garden has a radius of 16 feet How much wood will she need to enclose her garden?.

Answers

ANSWER

100.5 feet

EXPLANATION

The radius of the circular garden is 16 feet.

To find how much wood she would need to make a fence around the garden, we need to find the circumference of the garden.

Circumference can be found using the formula:

[tex]C\text{ = 2}\pi r[/tex]

where r = radius

Therefore:

[tex]\begin{gathered} C\text{ = 2 }\cdot\text{ }\pi\cdot\text{ 16} \\ C\text{ = 100.5 ft} \end{gathered}[/tex]

She would need 100.5 ft length of wood to enclose the garden.

Please expand (3x+4)(5x-2)(4x-3) and simplify fully.

Answers

The complete expansion of the expression would give; 60x^3 -  11x^2 - 74x + 24

How can the expression be expanded?

To expand an expression means that we should be able to obtain the original long expression that was factorized in order to get it. In this case, the expression that we have is  (3x+4)(5x-2)(4x-3). We would now have to carry out the expansion in stages.

1)  (3x+4)(5x-2)

15x^2 - 6x + 20x - 8

2) We can now carry out the next step in the expansion as we multiply the bracket with the last term in the expression;

15x^2 - 6x + 20x - 8(4x-3)

60x^3 - 45x^2 - 24x^2 + 18x + 80x^2 - 60x -32x + 24

We can now collect the like terms;

60x^3 -  45x^2 - 24x^2 + 80x^2 + 18x - 60x - 32x + 24

60x^3 -  11x^2 - 74x + 24

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find the area of a circle with a radius of 6 centimeters use 3.14 for [tex]\pi[/tex]

Answers

Radius = 6 cm

The area of circle is given by:

[tex]\begin{gathered} A=\pi r^2\text{ } \\ \pi\text{ = 3.14} \\ A\text{ = 3.14 }\cdot6^2 \end{gathered}[/tex][tex]A=113.04cm^2[/tex]

A = 113.04 cm^2

What is the scale factor of the dilation?

Answers

The scale factor for the square LMNO to L'M'N'O' is k = 1/2.

What is the scale factor of the dilation?

Remember that for any length L, a dilation of scale factor k gives a new length L' such that:

L' = k*L

Look at line LM, it has a length:

L = √(6^2 + 2^2) = √40

Now line L'M' has a length:

L' = √(1^2 + 3^2) = √10

Then we can see that:

L' = k*L

√10 = k*√40

√10/√40 = k

√(1/4) = k

1/2 = k

The scale factor is 1/2.

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Brian is driving on a highway. He uses one gallon of gas every 40 miles he drives. The distance, D (in miles), he travels on g gallons of gas is given by the following function.
D (g) = 40g
How far does Brian drive if he uses 4 gallons of gas?

Answers

Answer: 160 miles.

Explanation:
D(g) = 40g
D(4) = 40(4)
D(4) = 160

Scientists determined that Alaska's average winter was -30.2C. The difference between this temperature and Alaska's highest recorded temperature was 50.33 degrees. What was Alaska’s highest recorded temperature?
*

Answers

Answer: -82.2

Step-by-step explanation:

-4x^2-5x=-9 please show a step by step answer

Answers

We can solve the quadratic equation using factorization method.

First, let's re-write the equation:

[tex]\begin{gathered} -4x^2\text{ - 5x = -9} \\ \text{divide through by -1 } \\ 4x^2\text{ + 5x = 9} \\ Re-\text{arranging, we have} \\ 4x^2\text{ + 5x - 9 = 0} \end{gathered}[/tex]

Next, we try to factorize the expression by the left:

[tex]\begin{gathered} 4x^2\text{ - 4x + 9x - 9 = 0} \\ (4x^2\text{ - 4x) + (9x - 9) = 0} \\ 4x\text{ (x - 1) + 9(x -1)}=0 \\ (4x\text{ + 9)(x - 1)}=0 \end{gathered}[/tex]

Next, we equate each factor to zero to find the value of x

[tex]\begin{gathered} 4x\text{ + 9 = 0} \\ 4x\text{ = -9} \\ \text{x = }\frac{-9}{4} \\ x\text{ - 1 = 0} \\ x\text{ = 1} \end{gathered}[/tex]

We can conclude that :

[tex]x\text{ = 1 or }\frac{-9}{4}[/tex]

We can also do a check by substituting the value of x back into the equation:

[tex]undefined[/tex]

Find the indicated complement.
A certain group of women has a 0.04% rate of red/green color blindness. If a woman is randomly selected, what is the
probability that she does not have red/green color blindness?

Answers

Answer:

99.96%

Explanation:

100-0.04=
99.96%

Let ​f(x)=x^2−12 and ​g(x)=13−x.
Perform the composition or operation indicated. ​(fg)(4​)

Answers

Answer:

69

Step-by-step explanation:

Rule:

[tex](fg)(x) = f(g(x))[/tex]

So,

[tex](fg)(4) = f(g(4))[/tex]

First solve g(4).

[tex]g(4) = 13 - 4[/tex]

[tex]g(4) = 9[/tex]

Plug g(4) into f(x).

[tex]f(g(4)) = (g(4))^2-12[/tex]

[tex]f(g(4)) = (9)^2-12[/tex]

[tex]f(g(4)) = 81-12[/tex]

[tex]f(g(4)) = 69[/tex]

A 1nch candle burns in 4hours at what rate does the candle burn in inches per hour

Answers

Answer:

4 1x4=4 so 4 is ur answer

Step-by-step explanation:

66 is 75% of what number?

Answers

Answer:

88

Explanation:

Let us call the number NUMBER, then we know that

[tex]\frac{75}{100}\times\text{NUMBER =66}[/tex]

The above says that 75% of the number is 66.

Then how do we find the value of NUMBER?

Multiplying both sides by 100/75 gives

[tex]undefined[/tex]

GUYSSSSS HELP ME PL,S PSP[JOWQHIFUEFIDoisd[jofbwkeqi
ITS SO HARDDD TO SOLVE
if you dig a 6 feet hole how deep is it?
PLSSSSSSSSSSSSSSSSSSSSSSSSSSSSSSSSSSSSSSSS HELPPPPPPPPPPPPPPPPPPP

Answers

Answer:

You're question is incomplete.Please try to make it more clear

prolly like 20 feet.

How to Calculate the missing value: P = 1000 W, E = ____, I = 20 A.

Answers

The voltage E of the electrical appliance using a power of 1000 watts is 50 Volts.

How to calculate voltage using the power formula?

Power is simply the quantity of energy transferred per unit time. It can be expressed as;

P = E × I

Where E is voltage and I is current.

Given the data in the question;

Power P = 1000WCurrent I =20AVoltage E = ?

To determine the voltage of the appliance, plug in the given values into the formula above and solve for E.

P = E × I

1000W = E × 20A

E = 1000 / 20

E = 50V

Therefore, the missing value voltage E is 50 volts.

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One week a student exercise 2 hours at school in another 1/4 of an hour at home if 16 of the students total exercise came from plain soccer how much time did the students spend plane soccer that week enter your answer in hours do not include units in your answer

Answers

In a week, a student exercise 2 hours at school and another 1/4 of an hour at home.

The total exercise of the students came plain soccer

The total hour a student exercise both home and school is

2 + 1/4

Our LCM is 4

4x2/1 + 4*1/4 /4

8 + 1 / 4

9/4 hours

A student exercise a total of 9/4 hours in a week

If one student exercise a total of 9/4 hours in a week then how many hours will 16 students exercise in a week

Mthematically,

1 student ========= 9/4 hours

16 students ======= x hours

Introduce cross multiplication

1 * x = 16 x 9/4

x = 16 x 9/4

x = 144/4

x = 36 hours

Therefore, 16 students exercise a total of 36 hours in a week

The answer is 36 hours

x = 144 / 4 hours

Determine the solution for 45= 3(4b - 1).

Answers

[tex]\huge\textsf{Hey there!}[/tex]


[tex]\mathsf{45 = 3(4b - 1)}[/tex]

[tex]\mathsf{3(4b - 1) = 45}[/tex]

[tex]\mathsf{3(4b) + 3(-1) = 45}[/tex]

[tex]\mathsf{12b - 3 = 45}[/tex]

[tex]\large\textsf{ADD 3 to BOTH SIDES}[/tex]

[tex]\mathsf{12b - 3 + 3 = 45 + 3}[/tex]

[tex]\large\textsf{Simplify it}[/tex]

[tex]\mathsf{12b = 45 + 3}[/tex]

[tex]\mathsf{12b = 48}[/tex]

[tex]\large\textsf{DIVIDE 12 to BOTH SIDES}[/tex]

[tex]\mathsf{\dfrac{12b}{12} = \dfrac{48}{12}}[/tex]

[tex]\large\textsf{Simplify it}[/tex]

[tex]\mathsf{b = \dfrac{48}{12}}[/tex]

[tex]\mathsf{b = 4}[/tex]


[tex]\huge\textsf{Therefore, your answer should be: \boxed{\mathsf{b = 4}}}\huge\checkmark[/tex]



[tex]\huge\textsf{Good luck on your assignment \& enjoy your day!}[/tex]


~[tex]\frak{Amphitrite1040:)}[/tex]

what is the slope of this line?

Answers

SOLUTION

From the question,

We have that the equation of the line is 5x + 2y = 9.

2y = - 5 x + 9

Divide both sides by 2, we have :

y = 1/ 2 ( -5x + 9 )

The slope of this line = -5 / 2

Find the polynomial function f with real coefficients that has the given degree, zeros, and solution point.
Degree
Solution Point
f(0) = -8
4
Zeros
-4, 1, 1

Answers

Polynomial function f with real coefficients that has the given degree, zeros, and solution point is f(x) =2(x⁴ +3x³ -3x²+3x-4).

As given,

Polynomial function f with real coefficients for the given degree, zeros, and solution point is:

Degree 4

Solution Point f(0) = -8

Zeros -4, 1, i

f(x)=k(x +4)(x -1)(x -i)(x +i)

     =k (x² + 3x -4) (x² -i²)

    =k(x² + 3x -4) (x² +1)   ___(1)

Solution point f(0) =-8

-8 =k(0² +3(0) -4)(0² +1)

⇒ k=2

Substitute k=2 in (1)

f(x) =2(x² + 3x -4) (x² +1)

     =2(x⁴ +3x³ -3x²+3x-4)

Therefore, polynomial function f with real coefficients that has the given degree, zeros, and solution point is f(x) =2(x⁴ +3x³ -3x²+3x-4).

The complete question is:

Find the polynomial function f with real coefficients that has the given degree, zeros, and solution point.

Degree 4

Solution Point f(0) = -8

Zeros -4, 1, i

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A car rental agency charges $150 per week plus $0.30 per mile to rent a car. Express the weekly cost to rent the car, f, as a function of the number of miles driven during the week, x.

Answers

If the number of miles driven is 'x', then the weekly cost to rent a car f(x) is:

[tex]f(x)=0.3x+150[/tex]

What is the length of XY

Answers

SolutionSoltuion:

From the question, the given value id

[tex]\begin{gathered} XQ=3 \\ XR=RW \\ XR+RW=XW \\ XQ=QY \\ XQ+QY=XY \end{gathered}[/tex]

By applying the theorem above, we will have the value of XY be

[tex]\begin{gathered} XQ+QY=XY \\ XQ=3 \\ QY=3 \\ XY=3+3 \\ XY=6 \end{gathered}[/tex]

Hence,

The final answer = 6

fourteen less than three fourth of a number is negative eight. find the number . translate each sentence into an equation and solve

Answers

[tex]\begin{gathered} \text{let the number is x,} \\ So,\text{ }\frac{3x}{4}-14=-8 \\ \Rightarrow\frac{3x}{4}=14-8 \\ 3x=6\times4 \\ x=\frac{24}{3} \\ x=8 \end{gathered}[/tex]

Answer: n = 8

Step-by-step explanation:

Let the number be n:

The equation is:

[tex]\frac{3}{4}[/tex]n - 14 = -8

Now to solve:

[tex]\frac{3}{4}[/tex]n - 14 + 14 = -8 + 14

[tex]\frac{3}{4}[/tex]n = 6

[tex]\frac{4}{3}[/tex]×[tex]\frac{3}{4}[/tex]n = 6×[tex]\frac{4}{3}[/tex]

n = 8

HELP ALGEBRA 2!

One side of a square is increased by 2 inches, while adjacent side is decreased by 2 inches. The area of the resulting rectangle is 32 square inches. What were the dimensions of the original square?

Answers

Answer:

(x+2)(x-2)=32(x+2)(x-2)=32x^2+2x-2x-4=32(x+2)(x-2)=32x^2+2x-2x-4=32x^2-4-32=0(x+2)(x-2)=32x^2+2x-2x-4=32x^2-4-32=0x^2-36=0(x+2)(x-2)=32x^2+2x-2x-4=32x^2-4-32=0x^2-36=0(x+6)(x-6)=0(x+2)(x-2)=32x^2+2x-2x-4=32x^2-4-32=0x^2-36=0(x+6)(x-6)=0x-6=0

x=6 the length of the original side of the square.

(6+2)(6-2)=32(6+2)(6-2)=328*4=32(6+2)(6-2)=328*4=3232=32

The wholesale price for a shirt is 6.50. A certain department store marks up the wholesale price by 80%. Find the price of the shirt in the department store.
Round your answer to the nearest cent, as necessary.

Answers

The new price of the shirt is $11.70

How to determine the price of the shirt in the store?

The given parameters are

Price = 6.50

Make up percentage = 80%

The price of the shirt in the store is calculated as

New price = Old price + Old price * Make up percentage

Substitute the known values in the above equation

So, we have the following equation

New price = 6.50 + 6.50 * 80%

Evaluate the product

So, we have the following equation

New price = 6.50 + 5.20

Evaluate the sum

So, we have the following equation

New price = 11.70

Hence, the price of the shirt in the store is $11.70

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Help with this question

Answers

When solving for the lengths of the sides of a right triangle, we can make use of the acronym SOH-CAH-TOA. In this problem, because x is adjacent to the 52-degree angle and we are also given the length of the hypotenuse, we can use the "CAH" part, which stands for cosine x = adjacent/hypotenuse.

[tex]\begin{gathered} \cos\theta=\frac{adjacent}{hypotenuse} \\ \\ \cos52=\frac{x}{18} \\ \\ 18\cos52=x \\ \\ 11.08=x \end{gathered}[/tex]

So the answer is x = 11.08.

7. Let A=(8,9,10,11,12,13).
n=
a. How many subsets does A have?
b. How many proper subsets does A have?
subsets.
a. A has
(Type a whole number.)
b. A has
(Type a whole number.)
proper subsets.

Answers

a. A has 64 subsets.

b. A has 63 proper subsets.

What are subsets and proper subsets?

If all of the items of Set A are also present in Set B, Set A is said to be a subset of Set B. Set A is, in other words, contained within Set B.

If Set B has at least one element that is not present in Set A, Set A is considered a proper subset of Set B.

If a set has "n" members, the number of subsets of that set is 2ⁿ, and the number of proper subsets of that subset is 2ⁿ-1.

Given:

Set A=(8,9,10,11,12,13)

Number of elements in the given set,n = 6

a. Number of subsets of A = 2ⁿ = 2⁶ = 64

b. Number of proper subsets of A = 2ⁿ-1 = 2⁶-1 =63

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PLEASE HELP I WILL GIVE BRAINLYEST! ALGEBRA 1 HW​

Answers

The average rate of change of helicopters height when it starts  descending is : - 630.01 ft/min

Solution:

Rate of change between two points,

We calculate the average rate of change by dividing the change in y (output) by the change in x. (input). And all we're doing visually is calculating the slope of the secant line that connects two points.

Follow these steps to calculate the rate of change on a graph when given two points on the graph:

Determine the coordinates of the given points.Determine the difference in the output values.Determine the difference in the input values.Determine the ratio of the change in y to the change in x: ΔyΔx.

Here in the question ,

Given two points (0 , 8400) and (13.333 , 0)

to find the average rate of change ,

Average rate of change = y2 - y1/ x2 - x1

by substituting values,

Average rate of change = 0 - 8400/ 13.333 - 0

                                        = - 8400 / 13.333

                                        = - 630.01 ft/min

since the helicopter is descending the rate of change will be negative

so the rate of change of helicopters height is - 630.015 ft/min

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the cities A B C in respective order lie approximately in a straight line. the distance from city a ti b is 100miles. the distance from city A to city C is 110miles. find the distance from city b to city c

Answers

Based on the distance between Cities A and B and also cities A and C, and the fact that the cities are on a straight line, the distance between City B and City C can be found to be 10 miles

How to find the distance?

The distance between cities A and B and cities A and C are related because they are on a straight line.

This means that the distance between  cities A and B and cities A and C can be used to find the distance between  cities B and C and also the distance between cities A and B and cities B and C can be used to find the distance between A and C.

To find the distance between cities B and C, formula is:

= Distance between cities A and C - Distance between cities A and B

= 110 - 100

= 10 miles

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Find the value of x so that f ll g. 18x-44 8x-10

Answers

Answer:

x = 3.4

Step-by-step explanation:

18x - 44 = 8x - 10

       +10

18x - 34 = 8x

               -18x

       -34  = -10x

         / 10

               x = 3.4

Proof:

18 x 3.4 = 61.2 - ( 44 ) = 17.2

8 x 3.4 = 27.2 - ( 10 ) = 17.2

7. Isaiah has a summer internship at a technology company and is paid $3,000. After Federal and state taxes, Social Security, and Medicare are deducted, his take-home pay is $2,500. Which of the statements below is correct?

Answers

The correct statement regarding Isaiah is that A. His gross pay is $3,000 and net pay is $2,500

How to illustrate the information?

Before taxes, benefits, and other payroll deductions are taken out of an employee's paycheck, that amount is known as their gross pay. Net pay, often known as take-home pay, is the amount that is left after all withholdings have been taken into account. Determining the number of pay periods you have throughout the year is the first step in calculating the gross compensation for a salaried employee.

The time range for which you pay your employee is known as a pay period. You must first determine your employee's gross compensation before you can determine their net pay. This is where you should start. The next thing you need to know is what payroll deductions your employee receives.

Since the take-home pay is $2,500, this is the net pay.

In conclusion, the correct option is A.

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Isaiah works at a technology company in the summer and earns

$3000. After federal, state, and Social Security/Medicare taxes are

deducted, his take-home pay is $2,500. Which of the statements

below is CORRECT? *

His gross pay is $3,000 and net pay is $2,500

His gross and net pay are $3,000

His gross and net pay are $2,500

His gross pay is $2,500 and net pay is $3,000

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