The immediate-short-run aggregate supply curve represents circumstances where: A. both input and output prices are fixed. B. bot
1 answer:
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Answer: Price is $7 when sale is 5000 and $6 when sale is 7,500 units.
Explanation:
George will breakeven when his price is just sufficient to cost the total cost.
If George sells 50% more, then his sales is 7,500 units.
George will breakeven when his price is just sufficient to cost the total cost.
When sales is 5000 units price is $7. When sales is 7,500 units price is $6.
Answer:
The cost of an slice of pizza is $3.94
Explanation:
Hi, we have to construct 2 equations with the information of the problem, the first one is " 8 slices of pizza and 7 soft drinks for $45.10".
And the second one, when "The second group bought 6 slices of pizza and 5 soft drinks for $33.34" is.
Where: P = pizza slices and D= soft drinks
We need to substract one equation from the other, but firs we need to equal one of the variables. In order to do so, we multiply our first equation by 5 and the second one for 7, therefore we get.
First equation
And the second one:
And now, we substract them and solve.
The cost of a slide of pizza is $3.94
In case you needed to find the cost of the soft drink, we just substitute P for 3.94 in any of the initial equations, that is:
The cost of a soft drink is $1.94
Best of luck.