Elizabeth babysits on the weekends for extra money. Suppose that three neighbors with children are interested...
Elizabeth babysits on the weekends for extra money. Suppose that three neighbors with children are interested in paying Elizabeth to babysit their children. In particular, Mr. and Dr. Brown would be willing to pay $35 to have Elizabeth babysit their children, Mr. Smith would be willing to pay $29 for Elizabeth's babysitting services, and Professor Jones and Mr. Jones would be willing to pay $24 to have her watch their children.
If Elizabeth offers to babysit each set of children for an evening for $24, what will be consumer surplus, considering the three sets of children combined?
Homework Answers
Add Answer to:
Elizabeth babysits on the weekends for extra money. Suppose that
three neighbors with children are interested...
Tim mows neighborhood lawns for extra money. Suppose that he would be willing to mow one...
Tim mows neighborhood lawns for extra money. Suppose that he would be willing to mow one lawn for $14, a second lawn for $17, and a third lawn for $24. Also suppose that three neighbors are interested in having their lawns mowed. Mrs. Jones would be willing to pay $31 to have her lawn mowed, Mr. Wilson would be willing to pay $29, and Ms. Smith would be willing to pay $24. If Tim offers to mow lawns for $24...
Tim mows neighborhood lawns for extra money. Suppose that he would be willing to mow one...
Tim mows neighborhood lawns for extra money. Suppose that he would be willing to mow one lawn for $11, a second lawn for $18, and a third lawn for $23. Also suppose that three neighbors are interested in having their lawns mowed. Mrs. Jones would be willing to pay $34 to have her lawn mowed, Mr. Wilson would be willing to pay $27, and Ms. Smith would be willing to pay $23. If Tim offers to mow lawns for $23...
Question 12 Homework . Unanswered • Due in 14 hours Fill in the Blanks Tim mows...
Question 12 Homework . Unanswered • Due in 14 hours Fill in the Blanks Tim mows neighborhood lawns for extra money. Suppose that he would be willing to mow one lawn for $12, a second lawn for $17, and a third lawn for $23. Also suppose that three neighbors are interested in having their lawns mowed. Mrs. Jones would be willing to pay $35 to have her lawn mowed, Mr. Wilson would be willing to pay $28, and Ms. Smith...
to suppose that the bons are in bang theo Tim moes neighborhood lawns for dra money...
to suppose that the bons are in bang theo Tim moes neighborhood lawns for dra money suppose that he would be willing to mow one law for $11, a second lawn for $19, and a third for 24 mowed Mrs Jones would be willing to pay $4 to have her own mowed, Me Wilson would be willing to pay $79. and Ms. Smith would be willing to pay $24 Timers to mow lows for $24 each what will be his...
David’s Story “Life is difficult.” I once read these three trivial words in a book, but...
David’s Story “Life is difficult.” I once read these three trivial words in a book, but never knew how true to life and impactful they would be until one fateful fall evening. Before I begin, let me back up and tell you more about who I am and how I got here. I am a Caucasian male raised in a small conservative town in Maine by hard-working middle-class parents. My compassionate mother juggled raising three rambunctious children, me being the...
Write MySQL query statements for the questions below including the output that proves the accuracy of...
Write MySQL query statements for the questions below including
the output that proves the accuracy of your solution. Your answers
should be stored in a text file that captures your interaction with
MySQL.
1. Find the movieID, title, year and DVDPrice of all movies
where the DVD-Price is equal to the discountPrice.
2. Find the actorID, lastName, firstName, middleName, and suffix
of all actors whose middleName is not NULL.
3. Suppose you remember a movie quote as “Play it again,...
Tim mows neighborhood lawns for extra money. Suppose that he would be willing to mow one lawn for $14, a second lawn for $17, and a third lawn for $24. Also suppose that three neighbors are interested in having their lawns mowed. Mrs. Jones would be willing to pay $31 to have her lawn mowed, Mr. Wilson would be willing to pay $29, and Ms. Smith would be willing to pay $24. If Tim offers to mow lawns for $24...
Question 12 Homework . Unanswered • Due in 14 hours Fill in the Blanks Tim mows neighborhood lawns for extra money. Suppose that he would be willing to mow one lawn for $12, a second lawn for $17, and a third lawn for $23. Also suppose that three neighbors are interested in having their lawns mowed. Mrs. Jones would be willing to pay $35 to have her lawn mowed, Mr. Wilson would be willing to pay $28, and Ms. Smith...
to suppose that the bons are in bang theo Tim moes neighborhood lawns for dra money suppose that he would be willing to mow one law for $11, a second lawn for $19, and a third for 24 mowed Mrs Jones would be willing to pay $4 to have her own mowed, Me Wilson would be willing to pay $79. and Ms. Smith would be willing to pay $24 Timers to mow lows for $24 each what will be his...
Write MySQL query statements for the questions below including
the output that proves the accuracy of your solution. Your answers
should be stored in a text file that captures your interaction with
MySQL.
1. Find the movieID, title, year and DVDPrice of all movies
where the DVD-Price is equal to the discountPrice.
2. Find the actorID, lastName, firstName, middleName, and suffix
of all actors whose middleName is not NULL.
3. Suppose you remember a movie quote as “Play it again,...
Most questions answered within 3 hours.
-
The x component of the velocity of an object vibrating
along the x-axis obeys the equation...
asked 38 minutes ago -
A junction box contains two trade size 2 raceways on the left
side, and two trade...
asked 1 hour ago -
Atmospheric Mass
Venus and Earth have about the same mass and radius, but the
atmospheric pressure...
asked 1 hour ago -
5. Discuss the use of fault tree analysis (FTA) for risk
assessment (maximum one paragraph).
asked 2 hours ago -
Given that a sample of aluminium oxide has a Young's modulus of
393 GPa and a...
asked 4 hours ago -
At a certain temperature, the equilibrium constant, Kc, for this
reaction is 53.3.
H2(g)+I2(g)−⇀↽−2HI(g)Kc=53.3
At this...
asked 5 hours ago -
Question1 ) The STL provides similiar classes called stack and
queue, both of which gave functions...
asked 6 hours ago -
For Questions 1-4, assume you have 5 bits available:
1. For (positive) integers: What is the...
asked 6 hours ago -
convert grams into vloume with the density of water being at
.997514 g/cm^3 at 23.1 Celsuis...
asked 8 hours ago -
Foreman company obtained a $20,000, 6% loan on May 1, 2018.
Principal and interest will be...
asked 8 hours ago -
5. Problem 11.05 (Discounted Payback)
eBook
Project L costs $60,000, its expected cash inflows are $14,000
per...
asked 9 hours ago -
1. Which of the following is true about politics and health
organizations?
A. Health organizations are...
asked 9 hours ago