Express the Statement as a Formula

question 15

Short Answer

Express the statement as a formula.M varies directly as x and inversely as y
Use the information that if x = 24 and y = -4 then M = 36 to find the constant of proportionality.

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Definitions:

Human-capital Investment

The process of acquiring and enhancing an individual's skills and knowledge, which increases potential productivity and earnings.

Discrimination

Unfair treatment of individuals based on characteristics such as race, gender, or age, rather than merit or performance.

Wage Differentials

The variation in wage rates due to factors such as occupation, industry, location, or the skills and experience of workers.

Labor-market Discrimination

The unfair treatment of workers based on characteristics such as race, gender, age, or religion, rather than job qualifications or performance.