Answer: 6 years old.
Step-by-step explanation:
For this exercise let "x" represents your present age.
According to the information provided in the exercise, you know that In three years, Chad will be three times your present age.
Then, your age in three years can be represented with the following expression:
Knowing at that time Chad's age will be three times yours and you will be half as old as old as Chad, you can write the following equation to represent this situation:
Therefore, the final step is to solve for "x" in order to find its value.
You get that this is:
Answer: f(-6)= 50
Explanation: f(x)=5(3+-6)+5
Answer:
4
Step-by-step explanation:
5y-3=17
5y=17+3
5y=20
y=20/5
y=4
Answer:
We can deduce that the elasticity of the labor supply is greater than 1 the labor supply is considered elastic
Step-by-step explanation:
The formula to use is the following:
Elasticity = (Change in working hours / Average working hours) / (Change in wage rate / Average wage rate)
we replace the data
Elasticity = [(7 - 3) / (7 + 3) / 2] / [(50 - 30) / (50 + 30) / 2]
Elasticity = [4 / (10/2)] / [20 / (80/2)]
Elasticity = (4/5) / (20/40)
Elasticity = 0.8 / 0.5
OUTCOME
Elasticity = 1.6
We can deduce that the elasticity of the labor supply is greater than 1 the labor supply is considered elastic
Answer:
She should have $4200 in the account after 24 weeks.
Step-by-step explanation:
Because this account has no interest and only increases its value because she adds $100 every week, we just multiply the number of weeks by 100 and add that to the $1800 she already has in the account.
