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lorasvet [3.4K]
2 years ago
6

Due to a rise in popularity, Penny's firm begins to make hair bows rather than flower barrettes. She can make hair bows at a rat

e of 5 each hour. The firm can sell these bows for $4.99 each. What is Penny's value of the marginal product of labor for each hour she works? Give your answer to two decimals. $ ____
What is the highest wage the firm would be willing to pay Penny? Give your answer to two decimals. $ ____
Mathematics
1 answer:
Basile [38]2 years ago
5 0

The number of bows that Penny makes per hour and the price the firm sells at shows that the value of the marginal product is $24.95 per hour.

The highest wage the firm will pay is $24.95 per hour.

<h3>What is the value of Penny's marginal product?</h3>

This can be found by the formula:

= Price x Marginal product of Penny

= 4.99 x 5

= $24.95 per hour

The highest wage the firm can pay would be the wage amount that equals their marginal revenue as this is the only way they can maximize profit.

Their marginal revenue in this case is the $24.95 per hour that they pay to Penny so this will be their highest wage to her as well.

Find out more on profit maximization at brainly.com/question/13749309.

#SPJ1

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Seven friends picked 7 quarts of blueberries. Three of the friends will share 4 quarts of blueberries equally and the other 4 fr
lesantik [10]
The three friends sharing 4 quarts get a greater amount of blueberries because they each get over 1 quart while in the other group each friend gets less than one quart.
Hope this helps.
6 0
3 years ago
Read 2 more answers
Terrell brought 42 muffins to school for his birthday He gave one each to the 17students in his class and to the 19 student in t
yan [13]

Answer:

The expression is 42-17-19 OR 42-(17+19).

Step-by-step explanation:

First, we can indicate that we can use subtraction because is giving them away for his birthday.

"He gave one each to the 17 students in his class and to the 19 students in the other third-grade class".

That represents taking away 17 and 19 means that it is subtracting them.

Hope this helps. (:

4 0
2 years ago
Sahra is three times as old as her daughter. If the sum of their age is 32. what is the age of the daughter?​
Andrews [41]
So Sahra is 3 times as old as her daugter. That means that the sum of their age is the daughters age times 4.
We can prove that by saying the daughters age is x. Sahra's age must be 3x. Their sum must be x+3x = 4x.
So to get the daughters age we divide the sum by 4, which is 8.
8 0
3 years ago
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Solve the equation 1/2(16x – 6) = 2.
Lorico [155]

Answer:

x = 0.625 or 5/8

Step-by-step explanation:

1/2(16x-6) = 2

8x - 3 = 3

8x = 3 + 3

8x/8 = 9/8

x = 0.625

can you mark me as brainliest

6 0
2 years ago
An angle measures 32degrees what is the measure of its complement
Alex787 [66]

The measure of 32° complement is 58°.

<h3>What is an angle?</h3>

An angle is a geometry in plane geometry that is created by 2 rays or lines that have an identical terminus.

The identical endpoint of the two rays—known as the vertex—is referenced as an angle's sides.

The angle is the measurement of the angular distance for example for linear motion we have a meter inch but for angular rotation, we don't have the measurement so the angle is useful to measure the angular rotation.

Given,

The measure of an angle = 32°

Complimentary angles are those angles whose sum is 90°

So,

Compliment + 32° = 90°

Compliment = 90 - 32 = 58°.

Hence "The measure of 32° complement is 58°".

For more about the angle,

brainly.com/question/13954458

#SPJ1

6 0
1 year ago
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