Answer:
7767
Step-by-step explanation:
6878
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:
Equation for the problem
3x + 15 = 51 laps
Hence
She swims on
Monday: 12 laps
Wednesday : 12 laps
Friday = 12 laps
Step-by-step explanation:
Ella swims four times a week at her club's pool.
We are told that:
She swims the same number of laps on Monday, Wednesday, and Friday.
Hence, the number rod times that she swims on Monday, Wednesday and Friday is represented by x
Also, she swims 15 laps on Saturday. She swims a total of 51 laps each week. Equation for the problem
= x + x + x + 15 = 51 laps
3x + 15 = 51 laps
Hence
3x = 51 - 15
3x = 36
x = 36/3
x = 12 laps
Therefore, She swims on:
Monday: 12 laps
Wednesday : 12 laps
Friday = 12 laps
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