This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: Melissa has an income of 240 a month to spend on tennis lessons and concert tickets. The price of a ... (Read 41 times)

tichca

  • Hero Member
  • *****
  • Posts: 554
on: Jun 29, 2018
Melissa has an income of 240 a month to spend on tennis lessons and concert tickets. The price of a tennis lesson is 20, and the price of a concert ticket is 40.
 
  If the quantity of tennis lessons is QT, and the quantity of concert tickets is QC, Melissa's budget line equation is A) QC = 6 - 0.5QT.
  B) QC = 12 - 2QT.
  C) QC = 240 - 40QT.
  D) QC = 20 + 40QT.

Question 2

To help pay for the cost of sport related injuries, the government imposes a tax on sellers of all sports equipment. Using the above figure, how much deadweight loss results from this tax on sports equipment?
 
  A) cbd
  B) ced
  C) abd
  D) acd


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

swimkari

  • Sr. Member
  • ****
  • Posts: 332
Reply #1 on: Jun 29, 2018
Answer to Question 1

A

Answer to Question 2

D


tichca

  • Member
  • Posts: 554
Reply 2 on: Jun 29, 2018
Gracias!

billybob123

  • Member
  • Posts: 336
Reply 3 on: Yesterday
Wow, this really help

« previous next »
 

Did you know?

The longest a person has survived after a heart transplant is 24 years.

Did you know?

Though “Krazy Glue” or “Super Glue” has the ability to seal small wounds, it is not recommended for this purpose since it contains many substances that should not enter the body through the skin, and may be harmful.

Did you know?

In 2006, a generic antinausea drug named ondansetron was approved. It is used to stop nausea and vomiting associated with surgery, chemotherapy, and radiation therapy.

Did you know?

The use of salicylates dates back 2,500 years to Hippocrates’s recommendation of willow bark (from which a salicylate is derived) as an aid to the pains of childbirth. However, overdosage of salicylates can harm body fluids, electrolytes, the CNS, the GI tract, the ears, the lungs, the blood, the liver, and the kidneys and cause coma or death.

Did you know?

According to the CDC, approximately 31.7% of the U.S. population has high low-density lipoprotein (LDL) or "bad cholesterol" levels.

This 11-month old girl demonstrates one of the abilites of a child of this age group - creating a to This 11-month old girl demonstrates one of the abilites of a child of this age group - creating a to
The immune system has several different components that work in concert. The immune system has several different components that work in concert.
Simultaneous Determination of Income and Modernization Simultaneous Determination of Income and Modernization
E9-23 Prepare income statements Explain the difference in operating income E9-23 Prepare income statements Explain the difference in operating income
Construct a Lorenz curve that shows income distribution in this society. Construct a Lorenz curve that shows income distribution in this society.
Tennis Tennis
Video: Lipid digestion - mouth, stomach and small intestine

For a complete list of videos, visit our video library