Could you explain a bit more please
Answer:
B
Step-by-step explanation:
This quadratic factors.
x^2 - 15x + 56
= (x - 7)(x - 8)
x - 7 = 0
x = 7
=====
x - 8 = 0
x = 8
====
{7,8}
Y = 4 - x
3x + 4(4-x) = 14
3x + 16 -4x = 14
-x = -2
x = 2
y = 2
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