This doesn't seem to be a question, but rather, a statement.
The market's labor demand is L=500−2.5W
Since labor demand as a function of the daily wage is L 50-0.25W.
Hence,
The individual labor demand curve is: L=50−0.25W
Now let determine The market labor demand curve
The market's labor demand is :
L=10(50−0.25W)
L=500−2.5W
Inconclusion The market's labor demand is L=500−2.5W
Learn more about market's labor demand here:
brainly.com/question/13540328
Answer:
$27
Explanation:
Giving that the most important(all in actuality) values related to the question are not listed, I'd do well to improvise and assume. And as such, I have these
I'm assuming that the minimum payment on a credit card is the greater of $27 or 3% of the unpaid balance. And thereafter, proceeding to find the minimum payment on an unpaid balance of about $815.69.
To do this, we use simple arithmetic to first find the value of the percentage in dollars, so that
3% of $815.69 = 3/100 * 815.69 = $24.471
Remember that drum the question, the minimum payment is greater than 3% of the unpaid balance or $27. Given than 24.47 is less than 27, our answer is $27