SlideShare a Scribd company logo
1 of 1
Download to read offline
Next year, you decide to go to
university away from your home
town. You sign a 12 month lease on
an apartment for £200 per week.	
  


In addition to the rent, you have to pay the electricity
bill, which is £40 per week when someone is living there
and £0 when it is empty.

Over the semester break, you plan to do some traveling
and will be away from the apartment for 1 month.




What should you do if someone offers you the following
amount per week to stay in your apartment while you are
away?

- £250 per week

- £100 per week

- £30 per week	
  

More Related Content

More from mattbentley34

Edexcel practice paper 1 (b)
Edexcel practice paper 1 (b)Edexcel practice paper 1 (b)
Edexcel practice paper 1 (b)mattbentley34
 
The labour market wage determination
The labour market wage determinationThe labour market wage determination
The labour market wage determinationmattbentley34
 
Specimen paper insert
Specimen paper insertSpecimen paper insert
Specimen paper insertmattbentley34
 
AQA - pecan-pie-ajim-planner
AQA - pecan-pie-ajim-plannerAQA - pecan-pie-ajim-planner
AQA - pecan-pie-ajim-plannermattbentley34
 
The Multiplier effect explained
The Multiplier effect explainedThe Multiplier effect explained
The Multiplier effect explainedmattbentley34
 
Model answers nationalism
Model answers nationalismModel answers nationalism
Model answers nationalismmattbentley34
 
Edexcel A level economics exam advice
Edexcel A level economics exam adviceEdexcel A level economics exam advice
Edexcel A level economics exam advicemattbentley34
 
Model answers nationalism & Racialism
Model answers nationalism & RacialismModel answers nationalism & Racialism
Model answers nationalism & Racialismmattbentley34
 
Voting systems in elections
Voting systems in electionsVoting systems in elections
Voting systems in electionsmattbentley34
 
Political representation and democracy
Political representation and democracyPolitical representation and democracy
Political representation and democracymattbentley34
 
Political participation
Political participationPolitical participation
Political participationmattbentley34
 
Political ideologies
Political ideologiesPolitical ideologies
Political ideologiesmattbentley34
 
Edexcel Practise AS Paper - Theme 2 Mark Scheme
Edexcel Practise AS Paper - Theme 2 Mark SchemeEdexcel Practise AS Paper - Theme 2 Mark Scheme
Edexcel Practise AS Paper - Theme 2 Mark Schememattbentley34
 
Supply side policies
Supply side policiesSupply side policies
Supply side policiesmattbentley34
 
Mark Scheme edexcel Practice Paper 2
Mark Scheme edexcel Practice Paper 2Mark Scheme edexcel Practice Paper 2
Mark Scheme edexcel Practice Paper 2mattbentley34
 
Jun 11 Past Paper Economics
Jun 11 Past Paper EconomicsJun 11 Past Paper Economics
Jun 11 Past Paper Economicsmattbentley34
 
Economic review march 2017
Economic review march 2017Economic review march 2017
Economic review march 2017mattbentley34
 
Environmental policy
Environmental policyEnvironmental policy
Environmental policymattbentley34
 

More from mattbentley34 (20)

Edexcel practice paper 1 (b)
Edexcel practice paper 1 (b)Edexcel practice paper 1 (b)
Edexcel practice paper 1 (b)
 
The labour market wage determination
The labour market wage determinationThe labour market wage determination
The labour market wage determination
 
Specimen paper insert
Specimen paper insertSpecimen paper insert
Specimen paper insert
 
AQA - pecan-pie-ajim-planner
AQA - pecan-pie-ajim-plannerAQA - pecan-pie-ajim-planner
AQA - pecan-pie-ajim-planner
 
The Multiplier effect explained
The Multiplier effect explainedThe Multiplier effect explained
The Multiplier effect explained
 
Economic review
Economic reviewEconomic review
Economic review
 
Model answers nationalism
Model answers nationalismModel answers nationalism
Model answers nationalism
 
Edexcel A level economics exam advice
Edexcel A level economics exam adviceEdexcel A level economics exam advice
Edexcel A level economics exam advice
 
Monetary policy
Monetary policyMonetary policy
Monetary policy
 
Model answers nationalism & Racialism
Model answers nationalism & RacialismModel answers nationalism & Racialism
Model answers nationalism & Racialism
 
Voting systems in elections
Voting systems in electionsVoting systems in elections
Voting systems in elections
 
Political representation and democracy
Political representation and democracyPolitical representation and democracy
Political representation and democracy
 
Political participation
Political participationPolitical participation
Political participation
 
Political ideologies
Political ideologiesPolitical ideologies
Political ideologies
 
Edexcel Practise AS Paper - Theme 2 Mark Scheme
Edexcel Practise AS Paper - Theme 2 Mark SchemeEdexcel Practise AS Paper - Theme 2 Mark Scheme
Edexcel Practise AS Paper - Theme 2 Mark Scheme
 
Supply side policies
Supply side policiesSupply side policies
Supply side policies
 
Mark Scheme edexcel Practice Paper 2
Mark Scheme edexcel Practice Paper 2Mark Scheme edexcel Practice Paper 2
Mark Scheme edexcel Practice Paper 2
 
Jun 11 Past Paper Economics
Jun 11 Past Paper EconomicsJun 11 Past Paper Economics
Jun 11 Past Paper Economics
 
Economic review march 2017
Economic review march 2017Economic review march 2017
Economic review march 2017
 
Environmental policy
Environmental policyEnvironmental policy
Environmental policy
 

Short term shut down position

  • 1. Next year, you decide to go to university away from your home town. You sign a 12 month lease on an apartment for £200 per week.   In addition to the rent, you have to pay the electricity bill, which is £40 per week when someone is living there and £0 when it is empty. Over the semester break, you plan to do some traveling and will be away from the apartment for 1 month. What should you do if someone offers you the following amount per week to stay in your apartment while you are away? - £250 per week - £100 per week - £30 per week