Solve the Problem $5 \frac { 12 } { 13 }$

question 99

Multiple Choice

Solve the problem.
-One printer can do a printing job in 11 hours. Another printer can do the same job in 14 hours. How long can they do the job working together?

• A) \(5 \frac { 12 } { 13 }\) hours
• B) \(\frac { 1 } { 25 }\) hours
• C) \(51 \frac { 1 } { 3 }\) hours
• D) \(6 \frac { 4 } { 25 }\) hours

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Definitions:

Consumer Surplus

The discrepancy between what consumers are prepared and capable of spending on a product or service versus what they end up paying.

Decreases Price

A reduction in the cost or value of a good or service.

Consumer Surplus

The variance between the overall sum consumers can and will pay for a good or service and what they genuinely spend on it.

Producer Surplus

The difference between the amount that producers are willing and able to sell a good for and the actual amount they receive (higher market price).