Answer:
6. 175/125=x/100
Cross products equal 125x=17500
Solve for x and you get 140%
7. 20% of 720 is 144. You need to find 120% so add the full 720 (100%) to the 144 and you get 864 (120%)
Step-by-step explanation:
Answer:
the triangle is 10 the rest are 3
A, “the graph passes the vertical line test.”
Answer:
We can deduce that the elasticity of the labor supply is greater than 1 the labor supply is considered elastic
Step-by-step explanation:
The formula to use is the following:
Elasticity = (Change in working hours / Average working hours) / (Change in wage rate / Average wage rate)
we replace the data
Elasticity = [(7 - 3) / (7 + 3) / 2] / [(50 - 30) / (50 + 30) / 2]
Elasticity = [4 / (10/2)] / [20 / (80/2)]
Elasticity = (4/5) / (20/40)
Elasticity = 0.8 / 0.5
OUTCOME
Elasticity = 1.6
We can deduce that the elasticity of the labor supply is greater than 1 the labor supply is considered elastic
Answer:
So the price of house 0f house after n number of year = 380,200 - 11800n
Step-by-step explanation:
Bob has a bought a new house for $380,200. He estimates the value of the house after each year and he also assumes that the value of the house decreases by the same amount each year.
So to find the equation to define the value of the house after each year, we have to find out how much depreciation happens for the value of the house in each year.
Final value = $321,200
Depreciation each year = 
= $11,800
So the price of house 0f house after n number of year = 380,200 - 11800n
