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
6000. Hope this helps give brainliest
There are 2 ways of measuring angle. It is either by radians or by degree. Radians is unitless or we just call it rad. A pi is equivalent to 180 degrees. A pi is equal to 3.14. So when we answer this we multiply 216 by pi/180 or 2pi/360. The answer is 3.7699 or 3.8 rad.
To find the percent, divide 9 by 27 to get a decimal, then multiply the decimal by 100 to get the percent:
9 / 27 = 0.333
0.333 x 100 = 33.3%
Answer:
k+7
k-7
or k+7/k-7
Step-by-step explanation: