Answer:
Percent error = the absolute value of (actual value - expected value) / (expected value)
Percent error = (2.7-2.78)/(2.78)
Percent error = 0.029
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Based on the financial data (information) provided in the table (see attachment) and assuming a total fixed cost (TFC) of $5, the business firm's: B. economic profit is equal to $16, .
<h3>What is an economic profit?</h3>
An economic profit can be defined as a measure of the difference between the total revenue that a business firm (economic entity) has received from the sales of its products (outputs) and the opportunity costs of its inputs.
This ultimately implies that, an economic profit is equal to the total revenue minus total cost. Thus, it typically involves subtracting the total cost of a product from the total revenue that a business firm (economic entity) receives through it sales.
Based on the financial data (information) provided in the table (see attachment), we can infer and logically deduce that business firm's economic profit is equal to $16, assuming a total fixed cost (TFC) of $5.
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Answer:
In homogeneous mixture the constituent of the mixture are uniform and there is no presence of physical barrier between them.
The theory of plate tectonics cannot be used in explaining: the origin of the Earth's core.
<h3>What is a tectonic plate?</h3>
A tectonic plate is also known as lithospheric plate and it can be defined as an enormous, solid, irregularly shaped rock slab, that comprises two (2) plates:
- Continental plates
- Oceanic plates
<h3>The theory of plate tectonics.</h3>
The theory of plate tectonics states that the solid outer crust of planet Earth (lithosphere) is typically divided into enormous (massive) slabs of solid rock (plates) that move over the asthenosphere, including the upper portion of the mantle.
<h3>The uses of the theory of plate tectonics.</h3>
- It can be used to explain the presence of magnetic anomalies on the ocean floor.
- It can be used to explain the geographical distribution of earthquakes and volcanoes.
- It can be used to explain the presence of glacial deposits in tropical areas.
- It can be used to explain the origin of mountains.
Read more on plate tectonics here: brainly.com/question/11541225