Suppose Rebecca needs a dog sitter so that she can travel to her sister's wedding.Rebecca values dog sitting for the weekend at $200.Susan is willing to dog sit for Rebecca so long as she receives at least $150.Rebecca and Susan agree on a price of $175.Suppose the government imposes a tax of $10 on dog sitting.The tax has made Rebecca and Susan worse off by a total of
A)$50.
B)$40.
C)$20.
D)$10.

Question

Quizplus · Accepted Answer

The Answer of Suppose Rebecca needs a dog sitter so that she can travel to her sister's wedding.Rebecca values dog sitting for the weekend at $200.Susan is willing to dog sit for Rebecca so long as she receives at least $150.Rebecca and Susan agree on a price of $175.Suppose the government imposes a tax of $10 on dog sitting.The tax has made Rebecca and Susan worse off by a total of
A)$50.
B)$40.
C)$20.
D)$10.

Suppose Rebecca Needs a Dog Sitter So That She Can