Solve the Equation

question 7

Multiple Choice

Solve the equation .Restrict your attention to the horizontal span of 0 to 5.Round your answer to two decimal places if necessary. ​

• A) 1.47
• B) 0.33
• C) 0.46
• D) 1.97

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Definitions:

Complementary

Goods or services that are used together, where the consumption or use of one increases the value or demand for the other.

Fixed Proportions

A production condition where inputs are used in constant ratios, without substitution between them, over a range of output levels.

Demand for Labor

The total amount of workers that employers want to hire at a given wage rate and time.

Productivity of Labor

The output per labor hour or worker, indicating how efficiently labor is used in the production of goods and services.