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remy2012 remy2012
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3 months ago
Scenario: Aysha wants to rent an apartment. The following table shows the monthly rent of five apartments as well as the number of hours per month it takes to commute to work from each apartment. Aysha works as a restaurant where she can make $20 per hour.

ApartmentCommuting Time (hours per month)Rent ($ per month)
1301,250
2201,400
3151,600
4101,750
552,000


Refer to the scenario above. If Aysha gets a promotion that raises her pay to $40 per hour, which apartment should she rent?

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Textbook 

Macroeconomics


Edition: 3rd
Authors:
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Botox14Botox14
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3 months ago
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