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
Step-by-step explanation:
We know that,
Where,
X = raw score = 84
μ = mean = 68
σ = standard deviation = 10
Putting the values,
The percent of his sales that were less than or equal to 84 inches, is
Therefore, the remaining 100-94.5=5.5% were more than 84 inches.
Answer: 4258.33
Step-by-step explanation: 365 x 35= 12775/3= 4258.33
Answer:
80
Step-by-step explanation:
It means that there are a third part of teddy bears, so
240 / 3 = 80