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Nata [24]
2 years ago
7

Competitive firms that earn a loss in the short run should

Mathematics
1 answer:
dedylja [7]2 years ago
8 0

Competitive business firms that earn a loss in the short-run should shutdown if price (P) is lesser than average variable cost (AVC).

<h3>What is an average variable cost?</h3>

An average variable cost (AVC) can be defined as the cost of production per unit item incurred by a business firm and divided by total output of production. Thus, it's calculated by dividing total variable cost (TVC) by total output of production.

As a general rule in Economics, competitive business firms that earn a loss in the short-run are advised to shutdown their production when price (P) is lesser than average variable cost (AVC).

Read more on average variable cost here: brainly.com/question/17010492

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If the length of the side of a square is 3×-y what is the area of the square in terms of x and y
soldier1979 [14.2K]
(3x -y)(3x-y )= 9x^2 - 6xy + y^2
5 0
3 years ago
2. A CD is marked with a sale sticker saying it is 56% off. The original price is $10.17. What is the sale price?​
klasskru [66]

Answer:

4.4748

Step-by-step explanation:

$10.17- 56% = $4.4748

just round it of to 2 decimals

6 0
3 years ago
Jamal has the following choices for his pizza: white sauce or red sauce, white cheese or yellow cheese, mushrooms, pepperoni or
azamat
Well, since their are four options, and Jamal is likely to pick any of them, 25% is the answer. 25 is also 1/4.
4 0
4 years ago
Read 2 more answers
Please answer this correctly
pickupchik [31]

Answer:

66.7%

Step-by-step explanation:

The factors of 18 are as listed: 1, 2, 3, 6, 9, 18

Since 1, 2, 3, and 6 are in the die, that makes 4 out of the 6 numbers.

4/6 can be simplified to .667 or 66.7%

4 0
3 years ago
Read 2 more answers
A group consists of 6 men and 5 women. Five people are selected to attend a conference. In how many ways can 5 people be selecte
cluponka [151]

Answer:

462

6

1.2%

Step-by-step explanation:

Since the questions are combinations, we must apply the combination formula, which is as follows:

n C r = (n!) / (r! (n-r)!)

Because there are 6 men and 5 women, there are a total of 11 people.

Thus:

n = 11

In the first question in how many ways can 5 people be selected from this group of 11, r = 5.

Replacing in the formula:

11 C 5 = (11!) / (5! * (11-5)!)

11 C 5 = (11!) / (5! * 6!)

11 C 5 = 462

In the second question, in how many ways can 5 men be selected from the 6 men, here n = 6 and r = 5, replacing we are left with:

6 C 5 = (6!) / (5! * (6-5)!)

6 C 5 = (6!) / (5! * 1!)

6 C 5 = 6

In the last question of what is the probability that the selected group is all men, we have that it is the combination of the two previous questions. Since the total would be part A it would be the total of the combinations of choosing 5 of 11 people and part B of the 6 men that there are the combinations of choosing 5.

Divide the two values ​​from parts A and B to get ...

(result from part B) / (result from part A) = (# of ways to pick 5 men) / (# of ways to pick 5 people)

(result from part B) / (result from part A) = 6/462

(result from part B) / (result from part A) = 0.012

In other words, the probability is 1.2%

7 0
3 years ago
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