6 adults and 4 senior citizens have to pay $228 while 13 adults and 7 senior citizens have to pay $459 to visit an exhibition at the ArtScience Museum. Find the total amount 2 adults and a senior citizen have to pay to visit the exhibition
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6 adults and 4 senior citizens have to pay $228 while 13 adults and 7 senior citizens have to pay $459 to visit an exhibition at the ArtScience Museum. Find the total amount 2 adults and a senior citizen have to pay to visit the exhibition
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- Define Encouraging or discouraging consumptionCan you please assist to complete the folliwing tableThe figure shows an economy's production possibilities frontier and identifies some production points. We can produce all combinations A. inside the PPF but not on the PPF or outside the PPF B. on the PPF and outside the PPE O C. inside the PPF, on the PPF, and outside the PPF O D. on the PPF but not inside or outside the PPE O E. inside the PPF and on the PPF Which points are attainable? A. Points A, B, C, D, and E OB. Points A, B, and C only O C. Points F and G only O D. Points D and E only O E. Points A, B, C, F, and G O O O O
- Difference between public and private goodsDo public libraries meet the definition of public goods?The graph illustrates the market for hoodies. Suppose the current price of a hoodie is $60 and 4 million hoodies a year are bought. What do you predict will happen to the price of a hoodie? OA. The surplus of hoodies forces the price down. B. The price will not change because neither a shortage nor a surplus occurs. OC. It is impossible to say what will happen to the price of a hoodie. O D. The shortage of hoodies forces the price up. G BI REAS m 8 Te OR Se on N MAN
- Apartments Rent (S/month) 800 D 2,000 Quantity of apartments In the market for apartments above, landlords are providing 2,000 apartments at $800/month each. In an effort to help low-income residents find more places to live, your city council establishes a ceiling of $600/month on rents. How many apartments will landlords provide after the council does this? Select one: a. As many, as there are low-income residents able to afford one at $600/month. Ob. 800. Oc. 2,000. O d. Less than 2,000. ge Next pageA local fair charges a $15 entry fee and $1.75 per ride. Dustin has $35 to spend. What is the maximum number of rides Dustin can go on? a 8 b 11 C 12 d 20What is the metric designator for a raceway of trade size 3? C. 41 12 d. 78 21 a. b. 10002
- Plz explainThe minimum wage hike will mean a spike in unemployment: Study saysBy Jane Stevenson, Toronto Sun, September 19, 2017The Canadian Ontario government plans to set a minimum wage at $15 an hour. Currently, the median wage for low-skilled workers is $11.40. According to a study released Tuesday by the free enterprise Fraser Institute, the imposition of a minimum wage above current wages would lead to more unemployment for low-skilled workers. (A) (i) Below, complete the market for low-skill labor correctly labeling both axes and assuming the demand for labor has some elasticity; (ii) by the supply curve and demand curves, state who are the demanders and who are the suppliers; and (iii) from information in the article, set out in the market the current equilibrium “price” and depict the equilibrium quantity for low-skill labor. (B) (i) Depict in the market above in (A) the establishment of a $15/hour minimum wage by the Canadian Ontario government, and (ii) set out in the market the new…Differentiate between technical efficiency and economic efficiency with examples