Answer to Question #176345 in Economics for Inayatullah mastoi

Question

An engineering firm makes metal components. Each component requires 0.01

tonnes of steel, 0.5 hours of labour plus 0.5 hours of machine time. Let the number

of components produced be denoted by x. Derive algebraic expressions for:

(a) the amount of steel required

Answer 1

(a) Let the number of components produced be denoted by $x$. Then, the amount of steel required can be written as follows: $0.01x$ tonnes.