If P=$10, MPL= $25 and APL=$ 40, then the value of marginal product of labor is $250
The marginal product of labor (MPL) is the change in output that results from employing an added unit of labor.
The average product of labor (APL) is the total product of labor divided by the number of units of labor employed.
Here,
P= $10
The marginal product of labor (MPL)= $25
The average product of labor (APL)= $40
The value of marginal product of labor= P × The marginal product of labor (MPL)
The value of marginal product of labor= 10×25=$250
Hence, If P=$10, MPL= $25 and APL=$ 40, then the value of marginal product of labor is $250
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Can you give more details please
Answer:
The slope is 3 and the y intercept is -7/4
Step-by-step explanation:
We need to get the equation in the form
y = mx+b where m is the slope and b is the y intercept
12x - 4y =7
Subtract 12x from each side
12x-12x -4y = -12x +7
-4y = -12x+7
Divide each side by -4
-4y/-4 = -12x/-4 +7/-4
y = 3x + -7/4
The slope is 3 and the y intercept is -7/4
Answer:
$290
Step-by-step explanation:
We can use the equation that Skate Land created to find the total cost
C = 7.50p + 65
p = people so if we have 30 people, we have to solve 7.50 x 30
C = 225 + 65
we can now add the flat fee of $65 to get the total cost for the birthday part
C = $290
hope this helps :)
