Correlation is what you're looking for. Basically, it means that the two numbers are somehow related. Some examples of correlation would be positive correlation, negative correlation, and no correlation.
:)
Answer:
A) the value of the car will be 13,333.34 after 3 years ( not sure )
B) the depreciation of the car will be 2222.22 per year ( not sure)
C) i do not know
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
