A housecleaning company receives $25 for each house cleaned. The table below gives the relation between the number of workers and the number of houses that can be cleaned per week. 
Based on the above info, if the wage rate of a housecleaner is $130, what is the maximum amount of profit the company can earn?
A. $750
B. $230
C. $150
D. $ 20
E. none of the above
Answer: B
You might also like to view...
In the ___________ model of decision making, each decision builds on the previous one, forming a sequence of decisions, such as the steps involved in preparing a meal
a. Central-satellite b. Foa & Foa c. Elbing d. Chain
A current concern about Social Security is that
A) funds set aside by past generations to pay benefits for future generations are growing too rapidly and may trigger inflation. B) promised benefit payouts are growing more rapidly than likely sources of revenues, indicating a future inability to keep the system operating. C) continued political bickering between the president and Congress could lead to an end to any funding of the program. D) the payroll taxes used to fund the program are being eliminated as part of an effort to generate employment increases, thus leaving the program bankrupt.
If the wage is kept above the equilibrium level because of minimum-wage laws, then the result is unemployment; if the wage is kept above the equilibrium level for some other reason, the result need not be unemployment
a. True b. False Indicate whether the statement is true or false
Dewey earned a salary of $75,000 in 2001 and $95,000 in 2006 . The consumer price index was 177 in 2001 and 266 in 2006 . Dewey's 2001 salary in 2006 dollars is
a. $37,711.86. b. $49,906.02. c. $66,750.00. d. $112,711.86.