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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Replace F(x) with y
y=x^3-10x^2+24x
To find the roots replace y with 0.
0=x^3-10x^2-24x
Rewrite the equation as
x^3-10x^2+24x=0
Factor the left side
x(x-6)(x-4)=0
The solution is a result of
x=0, x-6=0, and x-4=0
The answer is:
x=0, 6, 4
Answer:
14.8
Step-by-step explanation:
A. The data in the table represent a function. y=x/2. This is seen as for every value of x in the table, y=x/2(half of it). You can show this further by trying this fact on each value.
B. For the original function, when x =8, y=x/2=4
For the function given in this part, when x=8, y=3(8)-10
y=24-10 y=14
This means the relation given in this part has a greater value when x=8
C. When x=80, f(x)=3(80)-10
=240-10
=230
Answer:
Step-by-step explanation:
