The number of bows that Penny makes per hour and the price the firm sells at shows that the value of the marginal product is $24.95 per hour.
The highest wage the firm will pay is $24.95 per hour.
<h3>What is the value of Penny's marginal product?</h3>
This can be found by the formula:
= Price x Marginal product of Penny
= 4.99 x 5
= $24.95 per hour
The highest wage the firm can pay would be the wage amount that equals their marginal revenue as this is the only way they can maximize profit.
Their marginal revenue in this case is the $24.95 per hour that they pay to Penny so this will be their highest wage to her as well.
Find out more on profit maximization at brainly.com/question/13749309.
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Answer:
i think it is 12 positive
Step-by-step explanation:
i think
Answer:
three angles of a polygon are each 105.5,the sum of the angles in the polygon is 2520. find each of the other angles if they are equal to each other. For a polygon with n sides and n angles, the sum of the measures of all the interior angles equals (n-2)180 degrees. 16-3=13
Okay, so YZ = 3 cm. You have XM correct. And YM = 0.5.
Now, you have the midpoint M at the correct spot.
Use Pythagorean's theorem o find the length of AB. a² + b² = c² a=6, b=8.
6² = 36 8² = 64 36 + 64 = 100 AB = 10!
If AB = 10 then AM = 5 MB also = 5
If B is the midpoint of AC, C would be 12 rows down from A, and 16 columns to the right. The last spot where the line intersects.
There are your answers!
6/16 & 3/8. Hope it helped.
