Consider the competitive market for sports jackets. The following graph shows the marginal cost (MC), average total cost (ATC),
1 answer:
The marginal cost is the additional cost incurred for a extra unit of production.
<h3>How to illustrate the information?</h3>The average total cost is simply the total cost divided by the number of units.
Based on the table attached, the number of jackets is used to depict whether the producer should shut down or produce.
The short run supply curve is also illustrated.
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The answers to the given questions on the survey of students by the use of a Venn Diagram are;
A) Venn diagram attached
B) 57 Students
C) 811 Students
D) 785 Students
E) 67 Students
<h3>Understanding Venn Diagrams</h3>
We are given;
- Total number of Students = 1358
- Number of Students that plan to get a new job = 1194
- Number of Students that plan to attend graduate school = 306
- Number of Students that plan to buy a new car = 547
- Number of Students that plan to do all three things = 46
- Number of Students that plan to only attend graduate school = 28
- Number of Students that plan to get a job and buy a new car, but not attend graduate school = 432
- Number of Students that plan to get a new job and attend graduate school = 221
A) I have drawn a Venn Diagram to depict this given numbers of students and I have attached it.
B) From the venn diagram, we can see that the number of people that plan to attend graduate school and buy a new car, but not get a new job = 57
C) From the Venn diagram, we can calculate the number of students that do not plan to buy a new car is;
541 + 175 + 28 + 67 = 811
D) From the venn diagram, we can calculate the number of students plan to get a new job or buy a new car as;
541 + 175 + 12 + 57 = 785
E) From the venn diagram, we can see that the number of students that do not plan to get a new job, attend graduate school, nor buy a new car is; 67
The complete part of the question is;
A) Draw a Venn diagram that represents the situation consisting of 2. cardinalities.
B) How many people plan to attend graduate school and buy a new car, but not get a new job?
C) How many students do not plan a buy a new car?
D) How many students plan to get a new job or buy a new car?
E) How many students do not plan to get a new job, attend graduate school, nor buy a new car?
Read more about Venn Diagrams at; brainly.com/question/2099071
