The length of the pool table is 4 and the width of the table is 8.
W=4
L=8
W times L=32 or 4 times 8=32
10(y+2)-y=2(9y-8)
Mutiply the first bracket by 10
Mutiply the second bracket by 2
(10)(y)(10)(2)= 10y+20
(2)(9y)(2)(-8)= 18y-16
10y+20-y= 18y-16
10y-y+20= 18y-16
9y+20= 18y-16
move 18y to the other side
sign changes from +18y to -18y
9y-18y+20= 18y-18y-16
-9y+20= -16
move +20 to the other side
sign changes from +20 to -20
-9y+20-20=-16-20
-9y= -36
divide by -9
-9y/-9= -36/-9
y= 4
Answer: y= 4
Revenue = Sales Volume (x) times Price. Price depends on volume sold: the more you are willing to sell per week, the lower your average price will have to be to get them all sold.
<span>eg, if there are a fixed number of buyers with a variety of incomes, then you might be able to sell the first 10 per month for £30 each through the up-market High Street jeweller. If you want to sell an extra 10 per month you might have to reduce the price to £15 and sell them through Asda/WalMart. And to move another 10 per month you may have to sell them from a street stall at £5 each! </span>
Keep in mind that we're framing it based on what the first sentence says, which is "If the cost of a competing factor of production, such as a machine that also could do the job, rises".
So if the cost of getting a machine part, various parts, or the entire machine cost rises, then demand for the machine will go down. This will make employers seek out substitutes. In this case, those substitutes would be human labor. As employers demand for labor goes up, the wages will rise assuming the supply of workers is held constant. If the supply of workers increased, then you could argue the wages could go down. So that's why I'm assuming the supply is held in check.
Problem
Solution
for this case we know that when x =2/3 , y= 6
Then we want to find the value of y= ? when x= 10 1/3 = 31/3 and we can do this:
6/(2/3) = y/(31/3)
And solving for y we got:
y = (3/2) * 6 * (31/3) = 31*3 = 93
C. y= 93
