You are considering renting a car for the weekend. It costs $200 for the car plus $0.20 per mile (including gas). Suppose you have already rented the car for the week and then add the 300 mile addition to your trip. Now what is the cost of the journey?
A. $100
B. $260
C. $0
D. $60
Answer: D
You might also like to view...
What best describes the impact of a price ceiling in a competitive market?
a. This benefits all consumers because they are able to obtain the good for a lower price. b. The quantity supplied will be in excess of the quantity demanded. c. It will likely lead to consumers waiting in line for longer periods of time to buy the good. d. It will benefit both consumers and producers of the good.
A decrease in the marginal physical product of labor shifts the demand for labor curve to the right
a. True b. False Indicate whether the statement is true or false
In 2009, C was closest to, but under
A. $4 trillion B. $6 trillion C. $80 billion D. over $10 trillion
Which would be the most accurate statement?
A. Liberals all agree that if we could provide a job for every American who needs one, we could end nearly all poverty within a generation. B. Barbara Ehrenreich and Frances Fox Piven point out that an increasing number of jobs do not pay enough to subsist on. C. Lisabeth and Daniel Schorr believe that poor teenage girls allow themselves to get pregnant so that they could go on welfare. D. Charles Murray faults our economic system for not providing enough well-paying jobs, which, in turn, has led to widespread poverty.