Light is a form of ........
1 answer:
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Answer:
12000 mph
Explanation:
Given that,
Distance read by the odometer = 120,000 miles
Duration of car, t = 10 years
We need to find the average speed of the car. Speed of an object is equal to the total distance covered divided by total time taken. So,
So, the average speed of the car is 12000 mph.
Answer:
the equilibrium wage rate is 10 and the equilibrium quantity of labor is 1000 workers
Explanation:
The equilibrium wage rate and the equilibrium quantity of labor are found as the point where the equation of demand intercepts the equation of supply, so the equilibrium quantity of labor is:
15 - (1/200) L = 5 + (1/200) L
15 - 5 = (1/200) L + (1/200) L
10 = (2/200) L
(10*200)/2 = L
1000 = L
Then, the equilibrium wage rate is calculated using either the equation of demand for labor or the equation of supply of labor. If we use the equation of demand for labor, we get:
W = 15 - (1/200) L
W = 15 - (1/200) 1000
W = 10
Finally, the equilibrium wage rate is 10 and the equilibrium quantity of labor is 1000 workers