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stiv31 [10]
3 years ago
5

Suppose a firm in a competitive market earned $1,000 in total revenue and had a marginal revenue of $10 for the last unit produc

ed and sold. What is the average revenue per unit, and how many units were sold?
Mathematics
1 answer:
aleksklad [387]3 years ago
5 0

Answer:

      $5 and 50 units

Step-by-step explanation:

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A professor would like to test the hypothesis that the average number of minutes that a student needs to complete a statistics e
professor190 [17]

Answer:

\chi^2 =\frac{15-1}{25} 16 =8.96

The degrees of freedom are given by:

df = n-1 = 15-1=14

The p value for this case would be given by:

p_v =P(\chi^2

Since the p value is higher than the significance level we have enough evidence to FAIL to reject the null hypothesis and we can conclude that the true deviation is not ignificantly lower than 5 minutes

Step-by-step explanation:

Information given

n=15 represent the sample size

\alpha=0.05 represent the confidence level  

s^2 =16 represent the sample variance

\sigma^2_0 =25 represent the value that we want to  verify

System of hypothesis

We want to test if the true deviation for this case is lesss than 5minutes, so the system of hypothesis would be:

Null Hypothesis: \sigma^2 \geq 25

Alternative hypothesis: \sigma^2

The statistic is given by:

\chi^2 =\frac{n-1}{\sigma^2_0} s^2

And replacing we got:

\chi^2 =\frac{15-1}{25} 16 =8.96

The degrees of freedom are given by:

df = n-1 = 15-1=14

The p value for this case would be given by:

p_v =P(\chi^2

Since the p value is higher than the significance level we have enough evidence to FAIL to reject the null hypothesis and we can conclude that the true deviation is not ignificantly lower than 5 minutes

6 0
3 years ago
5-7 <-3 : what is the simplified form of the inequality below ?
Makovka662 [10]

Answer:

5<4

Step-by-step explanation:

This inequality is not correct though.

5-7+7<-3+7

5<4

7 0
3 years ago
8 is what percent of 24?
Irina18 [472]

Answer:

1, 33.3

2, 81.9

3, 240

4, the farmer sold 33.3 of his crops

5, 750 students are enrolled.

5 0
3 years ago
Read 2 more answers
I need help plz help me its due tomorrow
BigorU [14]
A blue whale weighs more than an African elephant by 111.5 tons

African elephant= 15,000/2,000= 7.5 tons

Blue whale weighs 238,000/2,000=
119 tons

119-7.5 = 111.5 tons
8 0
3 years ago
Mr.marquez had 123 eggs in a refrigerator in his restaurant he put 32 more cartons of eggs in the refrigerator each carton conta
marissa [1.9K]
32*18= 576 eggs + 123 eggs

Answer= 699 eggs
8 0
3 years ago
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