Qpham can work as many or as few hours as she wants at the

Assignment Help Business Economics
Reference no: EM13354173

Q. Pham can work as many or as few hours as she wants at the college bookstore for $9 per hour. But due to her hectic schedule, she has just 16 hours per week that she can spend working at either the bookstore or at other possible jobs. One possible job at a cafe will pay her $12 per hour for up to 6 hrs every week. She has another job offer at a garage that will pay her $10 an hour for up to 5 hrs every week. And she has a potential job at a daycare center that will pay her $8.50 per hour for as many hours as she can work. If her goal is to maximize the amount of money she can make every week, explain how many hours will she work at the bookstore?

Reference no: EM13354173

Questions Cloud

Q1 what is your thought about tracking the us economy and : q1. what is your thought about tracking the u.s. economy and unemployment and inflation?q2. in 2003 taobao.com launched
Q1 research comes out that supports that drinking more : q1. research comes out that supports that drinking more green tea helps to keep you healthy. ceteris paribus what would
Qmichael likes to eat chips and ice cream michael purchased : q.michael likes to eat chips and ice cream. michael purchased 10 units bags of chips at 2 per unit and his marginal
Qthe deepwater horizon exploded on april 20 2010 after : q.the deepwater horizon exploded on april 20 2010 after drilling bps exploratory well in 5000 feet of water offshore
Qpham can work as many or as few hours as she wants at the : q.pham can work as many or as few hours as she wants at the college bookstore for 9 per hour. but due to her hectic
Qassume that py increases by 15 what percentage effect on : q.assume that py increases by 15 what percentage effect on quantity demanded of product x could be expected?compute the
Q1 total industry sales are 105million the top four firms : q1. total industry sales are 105million. the top four firms account for sales of 10 million 9million 8 million and 5
Q1 a luxury good is a good for which the income elasticity : q1. a luxury good is a good for which the income elasticity exceeds one. the demand for a luxury good is given by qd x
Q1 suppose there is a sudden change in the preferences for : q1. suppose there is a sudden change in the preferences for chocolates. however the price of production rises due to a

Reviews

Write a Review

Business Economics Questions & Answers

  Economics assignment

This document contains various important questions and their appropriate answers in the subject field of Economics.

  Demand and supply curves

Economics is the study of the principles governing the allocation of scarce means among competing ends when the objective of the allocation is to maximize the attainment of the ends.

  Long-run perfectly competitive equilibrium for the firm

Evaluate Government intervene and correct this situation?(a) Explain the concept of a concentration ratio. A rise in the price of magarine Explain the impact of external costs and external benefits on resource allocation long-run perfectly c..

  Supply and demand diagrams

Explain each of the following using supply and demand diagrams,  With the use of a graph, explain how these two programs affect cigarette consumption and the price of cigarettes.

  Case study: fisher-price toys

The case study of the Fisher-Price Toys, Inc., a popular case in basic economics and management from the prestigious Harvard Business School.

  Draw the production possibility curve

Draw the production possibility curve and a. Define consumer surplus and producer surplus.

  Tax revenue

The Australian government administers two programs that affect the market for cigarettes

  Maximize total welfare

How many tickets to sell to maximize total welfare.

  Difference between the cv and the ev

The change in consumer surplus (?CS) is not "theoretically" justifiable like the CV and EV but it continues to be the most widely used measure of consumer welfare change. Explain how this can be reconciled

  Depict von neumann-morgenstern utility index u in a diagram

Depict the von Neumann-Morgenstern utility index u in a diagram

  What is the market solution

What is the market solution (market price and quantity) and What is the total surplus of the society under the market solution

  Calculate gross national product and net national product

Calculate gross national product and net national product

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd