Answer:
512
Explanation:
8 cubed is written as 8 to the power of 3 or 8*8*8
which is 8 times 8 times 8
let's break it down
8*8 = 64
64*8=512
final answer: 512
to check, do the opposite of what you just did
take the cubed root of 512
and you'd get 8
Answer:
To calculate profit, producers subtract total costs from total income.
Explanation:
This is a basic premise of cost theory. Total revenue is obtained by multiplying the price by the quantity sold. The total cost is the multiplication of the cost of each unit by the quantity.
Profit is the decrease in revenue by cost.
Answer with Explanation:
The <em>peak, trough, recession and recovery</em> are stages of the "Business Cycle." They can be represented in a line graph as points that represent individual stages. Each can tell what a country's economy is experiencing in terms of fluctuations happening in economic activities.
The peak is that highest point in the graph. It means that the economy is producing the maximum output that it is allowed to do so.
The trough is the lowest point in the graph. This marks the<em> end of depression.</em> This means that soon, the<em> economy will try to recover.</em>
The recession is that point on the graph that goes down following the peak. This is a period of economic decline or contraction. Here, the production decreases.
The recovery is that point on the graph that goes up following the trough. This stage is marked by increase in demand and production. It is considered to be the end of the business cycle.
Answer:
Their economy relied heavily on foreign imports, which would cost more.
Explanation:
The economy of southern colonies relied heavily on foreign imports, which would cost more due to imposing of tariffs. These tariffs increases the cost of foreign imported goods which is not profitable for the people of these colonies so most leaders of southern colonies rejected the tariffs imposed by British empire in the pre-Civil War years.
