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Question 1 a) Wages or MC is $100.00 per day per student (1 student = $100) No of students 1 ($100) 2 ($200) 3 ($300)
Question 1 a)
Wages or MC is $100.00 per day per student (1 student = $100)
No of students | 1 ($100) | 2 ($200) | 3 ($300) | 4 ($400) | 5 ($500) | 6 ($600) | 7 ($700) | 8 ($800) |
Qty of Fish (Kg) | 20 | 50 | 90 | 120 | 140 | 150 | 150 | 140 |
Cost per Kilo (MP) | $5 | $4 | $3.33 | $3.33 | $3.57 | $4 | $4.67 | $5.71 |
Question 1 b)
If all fish shops in Amy's area pay their packers $5 an hour, how many students will Amy employ? Assume Amy sells her fish for $0.50 a kilogram. Explain your answer and show your calculations.
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