In 2017, it was estimated that the average amount spent on winter holiday gifts in the United States was $906. Based on the estimate from the Waldfogel study, how much of this would be deadweight loss

Answers

Answer 1

Based on the estimate from the Waldfogel study, 10[tex]\%[/tex] of this would be a deadweight loss, i.e., [tex]\[/tex]90.6 would be the deadweight loss.

Deadweight loss means the economic inefficiency that takes place when the allotment of resources in a market isn't at the optimal position.

The study suggested that the average recipient's valuation of the gift received was approximately 90[tex]\%[/tex] of the actual purchase price of the gift.

This means that 10[tex]\%[/tex] of the value of the gift gets lost in between.

This loss of 10[tex]\%[/tex] in value constitutes the deadweight loss.

The average amount spent on gifts = $906

Percentage loss in value = 10[tex]\%[/tex] or 0.10

Calculation of the deadweight loss,

DWL = Average amount spent on gifts × Percentage loss in value

DWL = [tex]\[/tex]906 × 0.10

Thus, the deadweight loss would be [tex]\[/tex]90.6.

Learn more about a deadweight loss here:

https://brainly.com/question/32082652

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Related Questions

Fatih parasının ilk %30unu sonra %35ini harcar ve geriye 105 TL’si kalır. Fatih’in toplamda kaç TL’si vardır?

Answers

Answer:

is good by his guan yes is help to me

Find the linear function given h(4)=-13 h(-2)=17 find h(1)

Answers

Answer:

the linear function: y=-5x + 7

h(1)=2

A triangle on a coordinate plane is translated according to the rule T–8, 4(x, y). Which is another way to write this rule?

(x, y) → (x + 4, y – 8)
(x, y) → (x – 4, y – 8)
(x, y) → (x – 8, y + 4)
(x, y) → (x + 8, y – 4)

Answers

Answer:

(x, y) → (x – 8, y + 4)

Step-by-step explanation:

Given:

A triangle on a coordinate plane is translated according to the rule T–8, 4(x, y).

To Find:

Which is another way to write this rule?

Solve:

Therefore the answer is (x, y) → (x – 8, y + 4)

!Lenvy~

Answer:

(x, y) → (x – 8, y + 4)

Step-by-step explanation:

Please help
What are all the possible
outcomes that add up to
7 when you roll two
dice? Include 3+4 and
4+3.


Please help

Answers

Answer:

5+2, 2+5, 4+3, 3+4, 6+1, 1+6, 7+0, 0+7

Step-by-step explanation:

Hope this helps!

A stadium can seat 46,000 people for a baseball game. One day, 49,442 people attended a game. How many people had to stand because they did not have a seat?

Answers

Step-by-step explanation:

49,442-46,000=3,442

I’m like really bad at math so can someone please help me pleaseee

Answers

Answer:

The biggest differentiating factor between a function and NOT a function

is that a function gives only one output for any given input. so no matter how many times you use the same value in the function, you will get the same output

A relation which is not a function will have 2 or more outputs for a single input

So if we have more than 1 similar input values in the table and given them different outputs, the relation will NOT be a function

I will take 2 similar inputs "1" and give them different outputs, the rest of the table can be randomly filled

x         y

1         4

3        7

5        9

1         2

Can you answer this one please

Answers

Answer:

50⁰

Step-by-step explanation:

Since j and k are parallel lines cut by two transversals,

2+3+5=180 (Allied angles)

We are given 2(60⁰) and 5(70⁰)

so,

60⁰+3+70⁰=180⁰

60+70=130

130⁰+3=180⁰

Bring the 130⁰ to the R.H.S

3=180⁰-130⁰

Therefore,

3=50

Find the square of 75.​

Answers

Answer:

8.66025 or 5√3

Step-by-step explanation:

Factor

25

out of

75

.

25

(

3

)

Rewrite

25

as

5

2

.

5

2

3

Pull terms out from under the radical.

5

3

The result can be shown in multiple forms.

Exact Form:

5

3

Decimal Form:

8.66025403

Find f '(x) for f of x equals the square root of the quantity sine of 4 times x

Answers

Answer:

I'm not exactly sure, sorry.

Step-by-step explanation:

[tex]\sqrt{x} sin(4)*x[/tex]

square root of sin(4) times x

The goal of this equation is to find an x value that will make both sides equal.

I probably shouldn't answer this question since I can't really find a solution to it, but I don't really think its solvable.

(-9.206) x(14.04)=
in a decimal

Answers

Answer:

=−129.25224x

Step-by-step explanation:

(−9.206x)(14.04)  you just simplify

(-9.206) x (14.04) =

Answer: -129.25224

The Cedarburg High School softball coach is purchasing equipment for her team. She has a
budget of at most $590 to purchase bats and softballs. A case of softballs has a price of $42,
and a bat has a price of $15.
Select the inequality in standard form that describes this situation. Use the given numbers
and the following variables.
x= the number of cases of softballs
y = the number of bats
42x + 15y > 590
42x + 15y < 590
42x + 15y 3 590
42x + 15y 590

Answers

Answer:

B.42x + 15y < 590

Step-by-step explanation:

helppppppppppppppppppppppppppppppppppppppp

Answers

Answer:

20

Step-by-step explanation:

If you turn it into a rectangle, then you can see one side is 4 squares long, and the other is 5 squares long. 4 x 5= 20

At Jack’s ice cream shop, a customer receives a free ice cream cone for every 5 ice cream cones the customer purchases. Which of the following represents the ratio of the number of ice cream cones a customer purchases to the total number of ice cream cones the customer purchases and receives for free?

Answers

Answer:

5:1

The question states that for every 5 ice cream cones a customer purchases that they will get one free ice cream cone.

Example:
This means if a customer purchased 25 ice cream cones then they would get 5 free ice cream cones.



Step-by-step explanation:

Have a great rest of your day
#TheWizzer

Answer:

=> 0:2

step by step :

divide the first number by the second number and multiply the result by 100 (if necessary)

> first term is 1

> second term is 2

solution :

1 ÷ 5 = 1/2 (2dp) which is =0,2

final solution:

=0:2

For what value of X must ABCD be a parallelogram?

Answers

Answer:

x = 9

Step-by-step explanation:

If ABCD is a parallelogram, then 6x = 7x - 9

as the point of intersection of the 2 diagonals is the midpoint of AC

6x = 7x - 9

Subtract 6x from both sides:

⇒ 0 = x - 9

Add 9 to both sides:

⇒ 9 = x

Solution:

We know that:

[tex]\frac{AC}{2} = 6x[/tex]

This means that:

[tex]AC = (6x)(2) = 12x[/tex][tex]AC = 12x = 6x + 7x - 9[/tex]

Step-by step calculations:

Simplify the RHS:

[tex]12x = 6x + 7x - 9[/tex]=> [tex]12x = 13x - 9[/tex]

Subtract 13x both sides:

=> [tex]-13x + 12x = 13x -13x - 9[/tex]=> [tex]-x = -9[/tex]

Divide -1 both sides:

=> [tex]-x = -9[/tex]=> [tex]\frac{-x}{-1} = \frac{-9}{-1}[/tex]=> [tex]x = 9[/tex]

is 5/10 equivalent to 1/6​

Answers

Answer:

No, its not equivalent

1/2 is equivalent though

Please mark as brainliest

Answer:

No

Step-by-step explanation:

Given the following question:

[tex]\frac{5}{10}[/tex]

You can prove 5/10 isn't equivalent to 1/6 by simply reducing 5/10.

[tex]\frac{5}{10}[/tex]
[tex]\frac{5}{10}\div5=\frac{1}{2}[/tex]
[tex]=\frac{1}{2}[/tex]
[tex]\frac{1}{2} > \frac{1}{6}[/tex]

5/10 isn't equivalent to 1/6, so your answer is "no."

Hope this helps.

Which value of x makes this equation true?
HELPPP

Answers

a! if x=-2 then both sides equal ten :)

Answer:

x=-2

Step-by-step explanation:

First you remove the parenthesis by distributing.

Second you collect like terms

Third move the terms to where they can be added

Fourth calculate

Fifth divide

Then boom answer (you got helped by an 8th grader)

Can you please help me?

Answers

9514 1404 393

Answer:

  32

Step-by-step explanation:

Use the formula.

  [tex]a_2=a_1\times4=2\times4=8\\\\a_3=a_2\times4=8\times4\\\\\boxed{a_3=32}[/tex]

35. Find the perimeter and area of the following figure.
10
3
6
5
(The measures are given in centimeters)

Answers

the perimeter is 24 because 10+3+6+5=24
Hope this helps:)

Brainliest If correct help

Answers

Answer:

I already answered before but i hope u see this 1, the 1st option

Step-by-step explanation:

PLZ do it. hope it helps :)

The answer is A. f(3) = 4

Have a nice day :)

does anyone know this ​

Answers

Answer:

x ≤ 9

Step-by-step explanation:

Step 1: Write inequality

x - 9 ≤ 2(9 - x)

Step 2: Solve for x

Distribute 2: x - 9 ≤ 18 - 2xAdd 2x on both sides: 3x - 9 ≤ 18Add 9 to both sides: 3x ≤ 27Divide both sides by 3: x ≤ 9

Here we see that any solution less than or equal to 9 would work.

Answer:

x ≤ 9

Step-by-step explanation:

x -9 ≤ 2(9 -x)    

x -9 ≤ 18 -2x

+2x         +2x

3x -9 ≤ 18

    +9    +9

3x  ≤ 27

[tex]\frac{3x}{3}[/tex] ≤ [tex]\frac{27}{3}[/tex]

x  ≤ 9

Work out the length of X.
х
8 cm
15 cm

Answers

Using the Pythagorean theorem which states that;

a²+b²=c²

or

side (1) ²+side (2) ²=hypotenuse²

15²+8²=x²

225+64=x²

289=x²

Take the square root of both sides to get;

x=√289=17

x=17

Step-by-step explanation:

[tex] \longmapsto \: hypotenuse(h) = x \\ \longmapsto \: perpendicular(p) = 15cm \\ \longmapsto \: base(b) = 8cm \\ using \: pythagoras \: theorem \\ \hookrightarrow {h}^{2} = {p}^{2} + {b}^{2} \\\hookrightarrow {x}^{2} = ({15cm}^{2} + ({8cm})^{2} \\ x = \sqrt{225 {cm}^{2} + 64 {cm}^{2} } \\ \hookrightarrow \: x = \sqrt{289 {cm}^{2} } \\ \hookrightarrow \: x = 17cm [/tex]

Which of the following is FALSE?

A. A midpoint divides a segment into two equal parts.
B. An angle bisector divides an angle into two equal parts.
C. All right angles are congruent.
D. Vertical angles are acute angles?

Answers

Answer:

D

Step-by-step explanation:

Vertical angles are just angles formed by intersecting lines, there is no rule that states they must be acute (they can also be right or obtuse)

The option that is False is that Vertical angles are acute angles.

What is the meaning of the term congruent?

In mathematics, the term congruent means a figure, shape, or angle that has two equal parts, size, and length.

It is true that the midpoint of a segment refers to the line that splits the segment into two congruent(equal  parts)Also, at any two equidistant points, an angle bisector divides an angle into two equal parts.All right angles are also congruent to one another.

However, vertical angles assume a right angle and they are perpendicular to the straight line which makes them 90°, but we know that acute angles are angles that are less than 90°.

Therefore, we can conclude that vertical angles are not acute angles.

Learn more about congruent angles here:

https://brainly.com/question/24281994

#SPJ5

What is the surface area of a box with a length of 6 ft, a width of 3 ft, and a height of 2½ ft?

Answers

Answer:

Step-by-step explanation:

Remark

The surface area is the area of all six sides when the object is a box.

Formula

SA = 2*L*w + 2*L*h + 2*w*h

Givens

L = 6 ft

w= 3 ft

h = 2.5 feet

Substitute and Solution

SA = 2*6*3 + 2*6*2.5 + 2*3*2.5

SA = 36 + 30 + 15

SA = 81

Solve |y + 2| > 6

thanks

Answers

Answer:

[tex]\huge\boxed{y>4\ \vee\ y<-8}\\\boxed{y\in(-\infty;\ -8)\ \cup\ (4;\ \infty)}[/tex]

Step-by-step explanation:

[tex]|y+2|>6\iff y+2>6\ \vee\ y+2<-6\qquad|\text{subtract 2 from both sides}\\\\y+2-2>6-2\ \vee\ y+2-2<-6-2\\\\y>4\ \vee\ y<-8\Rightarrow y\in(-\infty;\ -8)\ \cup\ (4;\ \infty)[/tex]

3.Paul owes his father $56.78. He borrows $20 more from his father. Write an expression to represent his debt. Helpp plzzz asap

Answers

$76.78 is paul’s debt to father

The grid represents all of the following decimal numbers except

0.300
0.3
0.30
0.030

Answers

Answer:

0.030

Step-by-step explanation:

0.030 is 3/100

what is show above is 3/10 and 0.300, 0.3, 0.30 are all equal to 3/10

Solve the inequality and graph its solution.
|n| > 7

Answers

inequality form N N<-7 or N>7

Graph the solution of this inequality 3/4(x+8)>1/2(2x+10)

Answers

Answer:

I'm terrible at explaining so here's a screenshot

- Ripper

Step-by-step explanation:

Write the ratio: 0.28 to 0.84 as a fraction in lowest terms.

Answers

0.28 = 7/25
0.84 = 21/25

Hope this is the answer you were looking for.

V
Graph the line y= -7.

Answers

Answer:

There is no slope, so we draw a line parallel to the x-axis and the width of the origin is equal to -7

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