Ava is setting up a production model for her jewelry-making business. She decides to use Solver to find the optimal number of topaz and onyx pendants to produce with the given constraints. One of the most important constraints is that the minimum number to produce is 100 of each. Please answer the questions below, referencing the above figure as needed.
-Ava is using Solver to determine her production schedule for pendants. Ava clicks the Set Objective box, and then she clicks cell G6 because it contains the ____.
Definitions:
Labor Supplied
The total number of hours that workers are willing and able to work at a given wage rate.
Minimum Wage
The lowest legal wage that employers can pay to workers, aimed at protecting workers from unduly low pay.
Equilibrium Wage Rate
The equilibrium wage rate is the wage rate at which the quantity of labor demanded by employers equals the quantity of labor supplied by workers.
JMP Instruction
A command in assembly or machine language that causes the computer to jump to a different part of the program.
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