Between the Years 1960 and 2002, the Percent of Women

question 48

Multiple Choice

Between the years 1960 and 2002, the percent of women in the work force is given by , where x is the number of years past 1950 (Source: U.S. Bureau of Labor Statistics) . What does this model estimate to be the percent of women in the work force in 2019? Round your answer to two decimal places. ​

• A)64.24
• B)61.69
• C)66.61
• D)75.71
• E)51.70

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Definitions:

Fixed Manufacturing Cost

This refers to the consistent expenses incurred by a company for its manufacturing operations, excluding variable costs; it includes costs like rent, salaries of permanent staff, and depreciation of factory equipment.

Variable Manufacturing Cost

Costs that vary directly with the level of production output, such as raw materials and direct labor.

Idle Capacity

The portion of a company's resources or production capacity that is not being used for production or generating revenue.

Variable Production Cost

Costs that change in proportion to the level of production output, such as raw materials and direct labor.