Ummm me dont do math but i say dat it wuz a goowd numbwa 2
60% is bigger than 30% percent
6/10*10/10=60/100
Every percent equals 100
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:
wow
Step-by-step explanation:
You have to input the 5 into the x place. so it would be y=3(5) and you get the answer y=15