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
Step-by-step explanation:
this is because if you look at the scatter plot count up the amount over 6 there is 1 dot meaning 1 student
hello :<span>
<span>an equation of the circle Center at the
A(a,b) and ridus : r is :
(x-a)² +(y-b)² = r²
in this exercice : a = -7 and b = -1 (Center at: A(-7,-1) )
r = AP.... P(8,7)
r² = (AP)²
r² = (8+7)² +(7+1)² =225+64=289 ...... so : r = 17
an equation of the circle that satisfies the stated conditions.
Center at </span></span>A(-7,-1), passing through P(8, 7) is :
(x+7)² +(y+1)² = 289
The point (-15,y ) <span>lies on this circle : (-15+7)² +(y+1)² = 289....(subsct : x= -15)
(y+1)² = 225
(y+1)² = 15²
y+1 = 15 or y+1 = -15
y = 14 or y = -16
you have two points : (-15,14) , (-15, -16)</span>
Hi there
The formula of compounded continuously is
A=pe^rt
A future value?
P present value 1300
E constant
R interest rate 0.042
T time 5years+9/12=5+9/12=5.75years
So
A=1,300×e^(0.042×5.75)
A=1,655.10 round your answer to get
A=1655
Good luck!
