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The function p(h)=0.375h+3 represents the supply model to determine the millions of
available workers with the minimum hourly wage,h. Find the number of workers when the
minimum wage is $5.15 per hour. Round to the nearest hundredth place.

Respuesta :

gabrielchouman9

Answer:

4.93 million workers

Step-by-step explanation:

0.375*5.15+3 = 4.93125

onyebuchinnaji

The number of available workers is 4.93

The given expression:

[tex]p(h) = 0.375h + 3[/tex]

where;

h is the minimum hourly wage = $5.15

To find:

  • the number of workers

The number of available workers is calculated as follows:

[tex]p(5.15) = 0.375(5.15) + 3\\\\p(5.15) = 4.931\\\\p(5.15) \approx 4.93[/tex]

Thus, the number of available workers is 4.93

Learn more here: https://brainly.com/question/23853488

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