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What is the hourly compensation per worker for a company with a unit labor cost of 0.9 and an hourly output per worker of $32.50? Math question Please help

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Answer:

Hourly compensation per worker for the company is $36.11

Explanation:

We are given the following in the question:

Unit labor cost, U = 0.9

Hourly output per worker, O = $32.50

We have to find the hourly compensation per worker for a company.

Relation:


U= (O)/(W)

where,

U = unit labor cost

W = hourly compensation per worker

O = hourly output per worker

Putting values, we get,


0.9 = (32.50)/(W)\\\\W = (32.50)/(0.9) \approx 36.11

Thus, hourly compensation per worker for the company is $36.11

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