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olasank [31]
3 years ago
13

Suppose that the current equilibrium price of silver is $34 per ounce. If silver is produced under conditions of perfect competi

tion and the industry is in long-run equilibrium, the average total cost of producing silver: a. is less than $34 per ounce. b. is $34 per ounce. c. is indeterminate. d. exceeds $34 per ounce.
Mathematics
1 answer:
Bond [772]3 years ago
6 0

Answer:

  b.  is $34 per ounce

Step-by-step explanation:

If the production cost were less, a competitor would drive the price down. If the production cost were more, the supplier would go out of business.

Since we're at equilibrium, the production cost must be equal to $34 per ounce.

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There were 166 paid admissions to a game. The price was $2 for adults and $.75 for children. The amount of data taken in was $29
JulijaS [17]

Answer:the number of adults that attended the game is 135.

the number of children that attended the game is 31

Step-by-step explanation:

Let x represent the number of adults that attended the game.

Let y represent the number of children that attended the game.

There were 166 paid admissions to a game. This means that

x + y = 166

The price was $2 for adults and $.75 for children. The amount of data taken in was $293.25. This means that

2x + 0.75y = 293.25 - - - - - - - - - - 1

Substituting x = 166 - y into equation 1, it becomes

2(166 - y) + 0.75y = 293.25

332 - 2y + 0.75y = 293.25

- 2y + 0.75y = 293.25 - 332

- 1.25y = - 38.75

y = - 38.75/- 1.25

y = 31

x = 166 - y = x = 166 - 31

x = 135

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3 years ago
Write as an improper fraction 7 2/5
Nana76 [90]

Answer:

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Step-by-step explanation:

4 0
2 years ago
100 POINTS
olga nikolaevna [1]

Answer:

5.2

Step-by-step explanation:

To find the height of the plant after 7 weeks, we need to find out the equation of the line of best fit and plug in 7 for x. We already have our y - intercept, which is 1,  and we have a point on the x axis for which the y coordinate is an integer, (5, 4). Since we already have the y - intercept of +1 we have y = mx + 1. Since this applies to (5,4) we can plug this in to our equation. This is then 4 = 5m + 1. Subtracting 1 from both sides, we get 3 = 5m. Dividing by 5, we receive m = 3/5. Since now we have our slope, we can plug in 7 and find out our answer. Plugging in 7 we receive, y = 3/5 * 7 + 1, which is equal to y = 4.2 + 1. This means that y = 5.2, so 5.2 is our answer.

6 0
3 years ago
Read 2 more answers
−7=y7 please help me out
Yuri [45]

Answer:

Step-by-step explanation:

y=-1

7 0
2 years ago
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Need help ASAP! Anyone know?
VARVARA [1.3K]

Answer: x= 29°

Step-by-step explanation: Add angles D and C. Subtract from 180.

58/2 = 29

6 0
2 years ago
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