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Mindy Makes Boots for Belleville Boot Factory 150=$1.6551150=$3.30151200=$4.95 Over 200 =$6.00\begin{array} { l l } 1 - 50 & = \$ 1.65 \\51 - 150 & = \$ 3.30 \\151 - 200 & = \$ 4.95 \\\text { Over 200 } & = \$ 6.00\end{array}

question 64

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Mindy makes boots for Belleville Boot Factory. She is paid on the following differential pay scale: 150=$1.6551150=$3.30151200=$4.95 Over 200 =$6.00\begin{array} { l l } 1 - 50 & = \$ 1.65 \\51 - 150 & = \$ 3.30 \\151 - 200 & = \$ 4.95 \\\text { Over 200 } & = \$ 6.00\end{array} What is Mindy's pay if she produced 192 boots for the week?


Definitions:

Supply

The total amount of a specific good or service available to consumers, potentially influencing its market price.

Supply Curve

The supply curve is a graphical representation demonstrating the relationship between the price of a good or service and the quantity of that good or service that a supplier is willing and able to supply at those prices.

Business Revenues

The total income received by a company from its sales of goods or services, before any expenses are subtracted.

Physical Inputs

The tangible resources or materials used in the production of goods and services.

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