The Average Weekly Pay at Wendy's Is $412

question 77

Short Answer

The average weekly pay at Wendy's is $412.88. Bill Long earns $485.11. How much is Bill over the average?

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Definitions:

Rent-Controlled Apartment

A rental unit where the government controls the amount of rent charged to protect tenants from rapid increases.

Price Floor

A minimum price set by the government or a governing body below which a product cannot be sold legally.

Producer Surplus

The difference between the amount producers are willing to sell a good for and the amount they actually receive.

Price Ceiling

A government-imposed limit on how high a price is charged for a product, service, or commodity, intended to protect consumers from high prices.