In general when a firm produces nothing it still has to pay for the fixed costs while the variable costs are zero
Step-by-step explanation:
$800 × 5% = $40
for 1 year, I earn $40
100 ÷ 40 = 2 remainder 2
Therefore I would have to leave the money in for at least 3 years to earn $100
Answer: The length of pencil is 16 centimetres and length of crayons is 8 centimetres
Step-by-step explanation:
Let the length of crayon =
Length of a pencil =
As according to question that the sum of their length is 24 centimetres
So we have
Therefore the length of crayon = 8 centimetres
Length of pencil= centimetres
Hence, the length of pencil is 16 centimetres and length of crayons is 8 centimetres