Q:

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

Accepted Solution

A:
Answer: They are worse off by 5.7%.

I assumed that you are looking for the percentage that the girls have to pay. To find the percent, we need to divide 10 by 175 and multiply it by 100. That will give us 5.7%. One of the girls will have to pay this, or they could split it evenly and each pay $5 or 2.9%,