Let X Represent the Number

question 181

Multiple Choice

Let x represent the number. Use the given conditions to write an equation. Solve the equation and find the number.
-If 5 times a number is added to -7, the result is equal to 12 times the number. Find the number.

• A) 12(5x - 7) = -7; -1
• B) 17x - 12x = 7; 1
• C) 5x + (-7) = 12x; -1
• D) 4x + (-7) = 12x; 1

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Definitions:

Hiring Labor

The process of employing people to perform work or services for wages or salary.

Optimum Resource Mix

The combination of inputs that allows a firm to produce output at the lowest possible cost.

Wage Rate

The amount of money paid to an employee per unit of time, often hourly or annually, for their work or services.

MRP of Labor

Marginal Revenue Product of Labor, which measures the change in total revenue that results from employing one additional unit of labor.