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.
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2x ! the number would be x and 2x is 2 times x!
Answer:
B. whole numbers, integers, rational numbers, natural numbers
Answer:
27 divided by 3 is =9
Step-by-step explanation:
Answer:
Step-by-step explanation:
6 and - 2 are the only two solutions to the required quadratic equation.
So, if the variable is represented by X then (X - 6) and (X + 2) will be the only two factors of the polynomial function.
Therefore, the equation is
(X - 6)(X + 2) = 0
⇒ 
If the leading coefficient of the equation is 3 then we can write the equation as (Answer)
