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Answer:
economic profits = 0
so correct option is a)zero
Explanation:
given data
output = 100 units
total fixed cost = $600
total variable cost = $400
price of product = $10 per unit
firm produces = 100 unit
to find out
firm earn an economic profit of Group
solution
we know here Total revenue is
Total revenue = 10 × 100 =$1000
and Total cost is here
Total cost = $400 + $600
Total cost = $1,000
so economic profits is express as
economic profits = revenue - cost
economic profits = 1000 - 1000
economic profits = 0
so correct option is a)zero
The primary objective of ABM or activity-based management is a method to access a business and figure out it's strengths and weaknesses to strategically fix problems.
goodluck! :-)
It's referred as transit advertising
Answer:
SSE = 1678.115; s2 = 139.843; s = 11.826
Explanation:
Consider the following formulas:
SSE: This value provides a measure of how well the line of best fit approximates the data set.
S^2: The variance is mathematically defined as the average of the squared differences from the mean
S: is the expectation of the squared deviation of a random variable from its mean.