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.
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Answer:
r = sqrt(16/pi)
Step-by-step explanation:
Cylinder formula = r^2 x pi x height
176 pi/11pi = 16
16 = r^2 x pi
16/ pi = r^2
r = sqrt(16/pi)
B) (-4, -4)
When moving to the right you are moving to a more POSITIVE region on the x-axis; meaning, the y-value (vertical axis) does not get affected unless you’re moving up or down.
Remember: (-6, -4)
X = -6
Y = -4
If you move 2 units to the right (x-axis) you go from -6 + 2 which equals -4. And again, you’re not moving up and down so your
y-value stays the same and your new coordinates are (-4, -4)
Answer:
3.39 + 0.59x
Step-by-step explanation:
Cost of a dish of ice cream = $3.39
Cost of toppings = $0.59 each
x = number of toppings
which expression can be used to determine the total charge in dollars, for a dish of ice cream with x toppings
Total charge for a dish of ice cream with x toppings = 3.39 + 0.59x
The expression is 3.39 + 0.59x
Answer:
f(-2)=4(-2)+1= 7
Step-by-step explanation:
