Question

The following table lists the name, gender, height, and minimum wage 10 people are willing to...

The following table lists the name, gender, height, and minimum wage 10 people are willing to accept to work as personal assistants at a prestigious law firm.

Name

Gender

Height

Minimum Wage

(Inches)

(Dollars per week)

Neha F 66 $309
Maria F 64 $321
Simone F 68 $344
Kevin M 70 $367
Rajiv M 70 $390
Ana F 66 $402
Yakov M 71 $425
Gilberto M 70 $448
Charles M 63 $460
Dina F 68 $483

The lowest wage that the law firm can pay to hire five personal assistants is $___per week.

Suppose the head of the law firm has a preference for tall employees because he thinks it will increase revenue, and thus, he imposes the restriction that all personal assistants hired must be at least 67 inches in height. Under this new regulation, the wage rate the law firm must pay to attract five personal assistants rises by $___per week

Homework Answers

Answer #1

ANSWER:-

(1) The lowest wage among the personal assistants given in the table for the five employees is $390.

   ( Because employees who will work under or equal to $390 are Neha,Maria,Simone,Kevin and Rajiv)

(2) The lowest wage of employees must be at least 67 inches in height is $448.

(Because employees who will work at this wage are Simone , Kevin, Rajiv, yakov and Gilberto.

since their minimum acceptable wage is lower than or equal to $448 and all of them are at least 67" in height)

so, if the firm has to hire Gilberto and four other employees then it  should rises its wage offer by $448-$390 = $58.

  

***************THANK YOU*****************

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