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
Choice D : look at where you think the line would be if it followed the direction of the data so that about half of the points fell above the line and half below. The two most important things to note are the slope of the line and y intercept.
This is a negative relationship as the line falls as you read it from left to right. That eliminates choice C. Next, it appears the line of best fit would have a y intercept around 10 on the y axis and then fall down and to the right cutting the data. Note that choices A and B have y intercepts that don't make sense for the data. Choice D does have a y intercept of 10 and a negative slope.
Answer:
-2 °C
Step-by-step explanation:
Add 3 °C to get a temperature 3 °C higher.
-5 °C + 3 °C = -2 °C
