Based on Molly's willingness to pay for the 8th trip, and the number of trips she can make over the bridge, her willingness to pay for the bridge repair would be<u> $1.00.</u>
<h3>What is Molly's willingness to pay for taxes to fix the bridge?</h3><h3 />
Molly's willingness to pay for trips is equal to the total consumer surplus she gets.
This means that her consumer surplus is $0.50.
With the bridge fixed, she can make 2 more trips than before because she can make 10 trips.
Her willingnesss to pay for the taxes will therefore be equal to her willingness to pay for the remaining trips:
= 0.50 x 2
= $1.00
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You can use this to help you. label the triangle like the picture and use the equations. I hope this helps.
∛0.008 = ∛(0.2)^3
= 0.2
hope it helps
Answer:
h=7
Step-by-step explanation:
Distribute the 4 on the right side
36=4(h+2)
36=4h+8
Subtract 8 on both sides
28=4h
Divide by 4 on both sides
h=7
Hope this helps! :)
Answer:
48 workers earn $75 a day.
Step-by-step explanation:
Let x people earn 75 a day then 60-x earn 100 dollars a day.
Average is $80 a day so total paid out to the 60 workers
= 60*80 = $4800.
So 75x + 100(60-x) = 4800
75x + 6000 - 100x = 4800
6000 - 4800 = 100x - 75x
1200 = 25x
x = 48.
