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ayoismeisalex
19.03.2021 •
Business
9. Calculating the price elasticity of supply Rajiv is a college student who lives in Chicago and does some consulting work for extra cash. At a wage of $40 per hour, he is willing to work 7 hours per week. At $50 per hour, he is willing to work 10 hours per week. Using the midpoint method, the elasticity of Rajiv's labor supply between the wages of $40 and $50 per hour is approximately , which means that Rajiv's supply of labor over this wage range is .
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Ответ:
Answer is in the photo. I can't attach it here, but I uploaded it to a file hosting. link below! Good Luck!
cutt.ly/nz6VGda
Ответ:
The swimmer descends 3 meters, so we subtract 3 or add -3. Thus, the answer is:
-5 + (-3)