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Umnica [9.8K]
2 years ago
6

suppose labor productivity in the united states was $100,000 per worker in 2015. calculate the value of labor productivity in 20

35 (20 years later) if:
SAT
1 answer:
sukhopar [10]2 years ago
6 0

a. U.S labor productivity in 2035 would be $206,800 per worker.

b.  U.S labor productivity in 2035 would be $68,100 per worker.

c. Labor productivity per worker in 2035 with the higher growth rate is 3.04

a. Calculation to determine  what the U.S labor productivity in 2035 would be $ per worker assuming productivity grows by 3.7 percent per year

Given:

Labor Productivity in 2015 = $100,000

Growth rate = 3.7%pa or  0.037

Using this formula

Future value = Present value*(1+Growth rate)^Number of years

Let plug in the formula

2035 labor productivity per worker=100,000(1 + 0.037)^20

2035 labor productivity per worker= $206,811.71

2035 labor productivity per worker= $206,800

( rounded to nearest $100)

b.Calculation to determine  what the U.S labor productivity in 2035 would be $ per worker assuming productivity falls to 1.9 percent per year

Given:

Labor Productivity in 2015 = $100,000

Growth rate = -1.9%pa or -0.019

Using this formula

Future value = Present value*(1+Growth rate)^Number of years

Let plug in the formula

2035 labor productivity per worker= 100,000(1-0.019)^20

2035 labor productivity per worker= $68,136.55

2035 labor productivity per worker= $ 68,100

( rounded to nearest $100)

c. Calculation to determine How much larger would labor productivity per worker be in 2035 with the higher growth rate

2035 labor productivity per worker=($206,811.711/$68,136.55121)

2035 labor productivity per worker= 3.04 times

Inconclusion:

a. U.S labor productivity in 2035 would be $206,800 per worker.

b.  U.S labor productivity in 2035 would be $68,100 per worker.

c. Labor productivity per worker in 2035 with the higher growth rate is 3.04

Learn more here:

brainly.com/question/14174963

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<h3>What are olfactory receptors?</h3>

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The  average speed between t = 1.0 s and t = 4.0 s will be 2.1+0.3 which is 2.4m/s

<h3>Velocity function </h3>

Given the equation for the position of the mouse expressed as:

x(t)=pt^2+qt\\

The velocity of the particle is expressed as:

v(t)=2pt+q

Given that p = 0. 40 m/s and q = -1. 10 m/s, the equation will become:

v(t)=2(0.4)t-1.10\\v(t)=0.8t - 1.10

If the time is <em>t = 1.0 s, the velocity will be:</em>

v(1) = 0.8 - 1.10\\v(1) = -0.3m/s

Similarly if t = 4.0ssec, hence:

v(4) = 3.2 - 1.10\\v(4) = 2.1m/s

The  average speed between t = 1.0 s and t = 4.0 s will be 2.1+0.3 which is 2.4m/s

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Complete question

<em>A mouse runs along a baseboard in your house. The mouse's position as a function of time is given by x(t)=pt 2+qt, with p = 0.40 m/s2and q = -1.10 m/s . Determine the mouse's average speed between t = 1.0 s and t = 4.0 s. I have tried everything and the answer is not 0.40 m/s</em>

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La mesa real estate broker michael hagans plans to begin listing or selling mobile homes. He must comply with all but one of the
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CHECK THE COMPLETE QUESTION BELOW.

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