Solve the Problem. -A Circle Has a Circumference of Meters. Find the Meters

question 33

Multiple Choice

Solve the problem.
-A circle has a circumference of meters. Find the radius, r, of the circle.

• A)8 m
• B)48 m
• C)12 m
• D)24 m

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Definitions:

Labor Market

A marketplace or environment where workers seek employment and employers seek to hire workers, based on wage rates, demand, and supply of labor.

Economic Rent

A payment to a factor of production (such as land, labor, or capital) in excess of what is necessary to keep that factor in its current use.

Equilibrium Wage

A market-determined wage rate where the intentions of workers and employers align, leading to an agreed-upon employment level.

Competitive Labor Market

A market where there are many employers and job seekers, leading to wages being determined by supply and demand.