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

Author Question: Consider the market for newspaper delivery jobs in Hermittown. Currently, each delivery driver ... (Read 436 times)

olgamartinez04

  • Full Member
  • ***
  • Posts: 124
on: Nov 23, 2022
Consider the market for newspaper delivery jobs in Hermittown. Currently, each delivery driver receives a rate of $2 per subscriber per month and has a fixed territory that initially has 7.25 subscribers. The price elasticity of demand for subscriptions is 3.25. Suppose the new city council passes a law that establishes a minimum rate of $4.25 per subscriber per month. As a result, the publisher increases the price of a subscription by 25 percent. This new law results in a ________ percent change in income for a typical newspaper delivery driver.
Please round your final answer to two decimal places.
◦ -60.16
◦ -163,349.04
◦ -38,511.54
◦ 5913.28
Macroeconomics ¦ Acemoglu, Laibson, List ¦ 3rd Edition
Buy Test-Bank


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by olgamartinez04 on Nov 23, 2022

reactx

  • Full Member
  • ***
  • Posts: 162
Reply #1 on: Nov 23, 2022
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
Answer Preview
Only 35% of students answer this correctly


olgamartinez04

  • Member
  • Posts: 124
Reply 2 on: Nov 23, 2022
Thanks for the timely response, appreciate it

Mochi

  • Member
  • Posts: 300
Reply 3 on: Yesterday
Gracias!

« previous next »
 

Did you know?

During pregnancy, a woman is more likely to experience bleeding gums and nosebleeds caused by hormonal changes that increase blood flow to the mouth and nose.

Did you know?

The Food and Drug Administration has approved Risperdal, an adult antipsychotic drug, for the symptomatic treatment of irritability in children and adolescents with autism. The approval is the first for the use of a drug to treat behaviors associated with autism in children. These behaviors are included under the general heading of irritability and include aggression, deliberate self-injury, and temper tantrums.

Did you know?

The National Institutes of Health have supported research into acupuncture. This has shown that acupuncture significantly reduced pain associated with osteoarthritis of the knee, when used as a complement to conventional therapies.

Did you know?

A good example of polar molecules can be understood when trying to make a cake. If water and oil are required, they will not mix together. If you put them into a measuring cup, the oil will rise to the top while the water remains on the bottom.

Did you know?

The Babylonians wrote numbers in a system that used 60 as the base value rather than the number 10. They did not have a symbol for "zero."

Labor and delivery. Labor and delivery.
Cassandre (Adolphe Mouron), L'Intrans, poster for the French daily newspaper ... Cassandre (Adolphe Mouron), L'Intrans, poster for the French daily newspaper ...
“Career choice” for many women means leaving their paid jobs for a number of years when they ... “Career choice” for many women means leaving their paid jobs for a number of years when they ...
How do men who work in traditionally feminine nurturng jobs and women who work in jobs that give ... How do men who work in traditionally feminine nurturng jobs and women who work in jobs that give ...
Reconstruction Drawing of Trajan's Market Reconstruction Drawing of Trajan's Market
Markets and Institutions Market Story Problem Markets and Institutions Market Story Problem
Video: The primary factors that affect circulation - MABP, CO and SVR

For a complete list of videos, visit our video library