1.5 x 2 = 3 So you do 2.4 x 2 = 4.8 and the answer is 4.8 miles
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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This means that a field of those dimensions would not be the required length of a minimum of 110 feet.
Answer:
2kx+4y=20 ⇒ kx+2y=10
3x+6y=30 ⇒ x+2y= 10
k is the coefficient of x, so it is the slope of the line
- when k=1, both equations will be same, then there are many solutions
- when k=0 there is one solution
- when k is anything different, then the lines will be parallel, so no solutions
Answer:
get rekt
Step-by-step explanation:
