Suppose each of the 1 million Islandian households has the same demand curve for heating oil. How much consumer surplus would each household lose if it had to pay $2 per gallon instead of $1 per gallon for heating oil, assuming there were no other changes in the household budget? How much $ per year.

With the money saved by not subsidizing oil, by how much could the Islandian government afford to cut each family’s annual taxes?

Instructions: Enter your response rounded to two decimal places.

How much $ per year.

If the government abandoned its oil subsidy and implemented the tax cut, by how much would each family be better off?

How much $ per year.

$450 is the answer.

step-by-step explanation:

30% of 450 = 135

450-135=315

b. hannah is playing with her cousin at

the correct option is:

b. a value of the variable that makes the polynomial equal to zero.

the root or roots of a polynomial are the values of the variable that makes the polynomial equal to 0. we can find the roots of a polynomial making the expression equal to 0 and then, isolating the variable (it it has just one variable).

for example, given the following polynomial:

the root or zero of the polynomial, can be found by making the expression equal to 0, and then, isolating the variable, so, finding the root we have:

therefore, we have that the root of the polynomial is equal to 2.

we must remember that the number of roots that a polynomial can have, will depend on the degree of the polynomial, a first degree polynomial have will have one single root, a second degree polynomial (quadratic expression) may have two roots and so.

hence the correct option is:

b. a value of the variable that makes the polynomial equal to zero.

have a nice day!