In how many distinct ways can the letters in the word INTRINSIC be arranged?

In a Kindergarten class of 33 students, 14 are wearing blue and 17 are wearing green. If 12 wear neither color, how many wear both?

One six-sided die is rolled. What is the probability that the die shows a 4?

Figure 6-24 Refer to Figure 6-24. The price paid by buyers after the tax is imposed is

Denise values a stainless steel dishwasher for her new house at $500, but she succeeds in buying one for $350. Denise’s consumer surplus is

Alex is willing to pay $10, and Bella is willing to pay $8, for 1 pound of ribeye steak. When the price of ribeye steak increases from $9 to $11,

If a tax is imposed on a market with inelastic supply and elastic demand, then

Scenario 13-11Walter builds birdhouses. He spends $5 on the materials for each birdhouse. He can build one in 30 minutes. He is semi-retired but earns $8 per hour at the local hardware store. He can sell a birdhouse for $20 each. Refer to Scenario 13-11. An accountant would calculate the total cost for one birdhouse to be

If the demand for bananas is elastic, then an increase in the price of bananas will

Suppose Lauren, Leslie and Lydia all purchase bulletin boards for their rooms for $15 each. Lauren’s willingness to pay was $35, Leslie’s willingness to pay was $25, and Lydia’s willingness to pay was $30. Total consumer surplus for these three would be