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Other Fields Homework Help Economics Topic started by: Loraine on Jun 20, 2015



Title: Jason needs help getting ready for the next test in his economics course and would like to hire Mari
Post by: Loraine on Jun 20, 2015
Jason needs help getting ready for the next test in his economics course and would like to hire Maria, an economics tutor, to help him. Jason is willing to pay $30 for the first hour of tutoring, $25 for the second, $20 for the third, $15 for the fourth, and $10 for the fifth. The equilibrium price for tutoring is $15 per hour. For how many hours of tutoring will Jason hire Maria? Why this amount of hours? What is Jason's consumer surplus, if any, from the tutoring? What is Maria's consumer surplus from the tutoring?


Title: Re: Jason needs help getting ready for the next test in his economics course and would like to hire
Post by: Sydnie on Aug 7, 2015
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