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1 year ago

Competitive firms that earn a loss in the short run should

1 answer:

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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In a doctor's waiting room, there are 14 seats in a row. Eight people are waiting to be seated. Three of the 8 are in one family

lianna [129]

There are 14 chairs and 8 people to be seated. But among the 8. three will be seated together:

So 5 people and (3) could be considered as 6 entities:

Since the order matters, we have to use permutation:

¹⁴P₆ = (14!)/(14-6)! = 2,162,160, But the family composed of 3 people can permute among them in 3! ways or 6 ways. So the total number of permutation will be ¹⁴P₆ x 3!

2,162,160 x 6 = 12,972,960 ways.

Another way to solve this problem is as follow:

5 + (3) people are considered (for the time being) as 6 entities:

The 1st has a choice among 14 ways
The 2nd has a choice among 13 ways
The 3rd has a choice among 12 ways
The 4th has a choice among 11 ways
The 5th has a choice among 10 ways
The 6th has a choice among 9ways

So far there are 14x13x12x11x10x9 = 2,162,160 ways
But the 3 (that formed one group) could seat among themselves in 3!
or 6 ways:

Total number of permutation = 2,162,160 x 6 = 12,972,960

4 0

3 years ago

A coin-operated machine sells plastic rings. It contains 6 yellow rings, 11 blue rings, 15 green rings, and 3 black rings. Sarah

Dominik [7]

So i think it would be 5/35

5 0

3 years ago

Read 2 more answers

Solve for q using both equation 1 and 2 question in pic

galina1969 [7]

Answer:

p=1/8 q=3/4

Step-by-step explanation:

-2p+7q=5

-6p+35q=51/2

cancel out a variable

(-5)(-2p+7q=5)

-6p+35q=51/2

10p-35q=-25

-6p+35q=51/2 =

4p=1/2

4p/4=1/2 /4

p=1/8

substitute p=1/8 into one of the equation to find q

-2p+7q=5

-2(1/8)+7q=5

-1/4+7q=5

7q=5+1/4

7q=21/4

q= 21/4 /7

q=3/4

4 0

2 years ago

Which graph best represents the equation -5x+2y=2

masha68 [24]

This is what the graph would look like. Hope this helps:)

8 0

2 years ago

What are the discriminants for all of graphs?

Oksanka [162]

Hi!

Positive discriminants will give you two solutions.

Discriminants equal to zero will give you one solution.

Negative discriminants will give you no solutions.

In a graph, the number of solutions is where the graph crosses the x-axis.

In the first graph, we can see it intersects the graph at two points: (2, 0) and (6, 0). Since there are two solutions it is a positive discriminant.

In the second graph, we can see it intersects at one point: the origin, or (0, 0). Since there is one solution it is a discriminant equal to zero.

In the third graph, we can see it doesn't intersect; it is above the x-axis. Since there are no solutions it is a negative discriminant.

For similar problems, see:

brainly.com/question/4592351

brainly.com/question/19936101

brainly.com/question/15884086

5 0

2 years ago

Read 2 more answers