Answer:
-3
Step-by-step explanation:
divide 7 on both sides -21/7 = -3
w=-3
Solution :
It is given that the manager hires a labor and he rents the capital equipment
.
Presently the rate of the wage is at $ 10 per hour and the capital is been rented at $ 0.25. If the
of the labor is 50 units of the output per hour and the marginal.
Therefore, the answer is
14 + 10 = 24
Answer:
The equation of the line is y = -7/8x + 11/2
Step-by-step explanation:
Since we have the slope and a point to start, we can use point-slope form to find the equation.
y - y1 = m(x - x1)
Use the slope for m and the point at (x1, y1). Then solve for y.
y - 9 = -7/8(x + 4)
y - 9 = -7/8x - 7/2
y = -7/8x + 11/2