Answer the Following Questions Using the Information Below

question 5

Multiple Choice

Answer the following questions using the information below:
For Echuca Company,labour-hours are 50 000 and wages $188 000 at the high point of the relevant range,and labour-hours are 30 000 and wages $140 000 at the low point of the relevant range.
-What is the slope coefficient per labour-hour?

• A)$3.76
• B)$0.42
• C)$2.40
• D)$4.67

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Definitions:

Amplitude

The height of a wave from its midpoint to its peak or trough, indicating the strength or intensity of a wave.

Crest

The highest point of a hill or mountain range; also refers to the peak or summit.

Trough

A trough generally refers to a long, narrow container from which animals eat or drink, but in scientific contexts, it can also mean a low point or minimum phase in a cycle, such as in economics or meteorology.

Visible Spectrum

The portion of the electromagnetic spectrum that is visible to the human eye, typically encompassing wavelengths from about 380 to 750 nanometers.