A toy manufacturing company currently produces 100 toys each day. The workers at that company earn $15 per hour. however, the government establishes a minimum wage of $24 per hour. The company cannot afford to keep all its workers, so jt lays off some employees. How many people lose their jobs?

14
18
23
41

Respuesta :

Given: produces 100 toys each dayworkers at that company earn $15 per hourminimum wage of $24 per hour
Required: How many people lose their jobs?
Solution:assuming that in a day, 8 hours of work is required,100 toys per day (1 day/ 8 hours) = 12.5 toysworkers at that company earn $15 per hour (8 hours) = $120minimum wage of $24 per hour (8 hours) = $192120/192 x 100% = 62.5%100 - 62.5 = 37.5about 37.5% would lose their job41

A toy manufacturing company currently produces 100 toys each day, people who lose their jobs are mathematically given as

PL=37.5

How many people lose their jobs?

Parameters;

produces 100 toys each day

The workers at that company earn $15 per hour

The government establishes a minimum wage of $24 per hour.

Generally, the equation for the number of workers is mathematically given as

N= number of toys produced/ number of work hours

N= 100/8

N=12.5

Where the former minumim wage gives

15x 8= 120

and 24x8= 192

hence, the percentage of workers to be kept is

PW=(120/192)×100

PW=62.5%

In conclusion,the percentage to lose there work is

PL= 100-62.5

PL=37.5℅

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