Rs 100 of the average total cost is made up of variable costs.
Step-by-step explanation:
Given:
Number of output the firm produces= 7 units
Average cost of the output= Rs. 150
fixed factors of production = Rs.350
To Find:
How much of the average total cost is made up of variable costs=?
Solution:
we know that,
Average total cost= total cost/ number of output units produced
substituting the values, we get
Total cost= 1050
we know that Total fixed cost = 350
Total cost = Total fixed cost + Total variable cost
plug in the known values.
1050= 350 + Total variable cost
Total variable cost = 1050-350
Total variable cost =700
For 7th unit = 100
Answer:
See below.
Step-by-step explanation:
2b + 8 − 5b + 3 = −13 + 8b − 5
Reorder like terms.
2b-5b+8+3=8b-13-5
Combine those like terms. Then solve.
-3b+11=8b-18
-11 -11
-3b=8b-29
-8b -8b
-11b=-29
/-11 /-11
b=2.64
-hope it helps
Answer:
8.3%
Step-by-step explanation:
Answer:
Option 4
Step-by-step explanation:
y = -5x + 2
-8 = -5(2) + 2
-8 = -10 + 2
Correct! :)