<YWX=30°; YX=80÷2=40
WX²+40²=80²
WX²=6,400-1,600
WX=√4,800=√(4×4×4×25×3)=40√3
5/4 x 22/45
110/ 180
11/18
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:
1/4
Step-by-step explanation:
We can find the slope of a line given two points from the formula
m = (y2-y1)/(x2-x1)
= (-2--1)/(-12--8)
= (-2+1)/(-12+8)
=-1/-4
= 1/4
Answer:
Its 63...I just took the same test on ALEKS
Step-by-step explanation: