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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Let x be the original position.
After the first play they gain 9 yards. The position can be represented by
x + 9
After the second play they lose 22 yards. The position can be represented by
x + 9 - 22 = x - 13
Therefore, in total they lost 13 yards.
Answer:
7/6
It's 7/6 because 6/6 make up a whole which is the 1 in 1 1/6
then there is that left over 1/6 to make it 7/6
2.8-(-5.1)
-(-5.1)=5.1
2.8+5.1= 7.9
Is this what you were asking?
4/7 make into slope form which will get you that
