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
The correct answer would be at and t because its cheaper for 50 text
Answer: 120
<u>Step-by-step explanation:</u>
Since the order of the numbers doesn't matter we can use the formula:
Equality between the values, equations, or expressions written on both sides.
<span>What is the corresponding value at the given point?
x = -15
</span>
C. 7=-2
