Answer:
Step-by-step explanation:
Given that a firm has a price of $5, an average total cost of $7, and an average variable cost of $4
Price = 5
Var cost = 4
Contribution = 1 dollar per unit
Since contribution is positive, there is scope for getting profit by increasing production.
In the short run, you should __operate______(operate/shut down) because __Price______exceeds ________ average variable cost price . In the long run, you should __exit______(stay in/exit) the market because ________ average total cost price exceeds____price.______average variable cost price average total cost
Answer:
36 minutes
2 rounds for Priya
3 rounds for Ravish
Step-by-step explanation:
The answer is the LCM (least common multiple) of 12 and 18.
12 = 2^2 x 3
18 = 3^2 x 2
=>LCM of 12 and 18 = 2^2 x 3^2 = 4 x 9 = 36
=> After 36 minutes they meet again at the starting point
=> At that time, Priya has completed: 36/18 = 2 rounds
=> At that time, Ravish has completed: 36/12 = 3 rounds
An integer is a whole number. Sum means to add and since they are consecutive, there is only a difference of 1 between them.
1) 21 + 23: not consecutive
2) 23+24= 47: has to be at least 46
3) 22+23= 45: has to be at least 46
4) 24+25= 49: has to be at least 46
So we have two possibilities: either #2 or #4. Find least possible pair of integers.
x= first integer
x+1= second integer
x + (x+1) >= 46
2x + 1 >=46
2x>=45
x>=22.5
Answer:
The first integer has to be greater than or equal to 22.5. Since integers are whole numbers, round up to the next whole number. The least possible integers are #2) 23 and 24.
Hope this helps! :)
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Answer:
Good luck friend, I really hope this helps ya :)
