The answer is 666 because I’m good at math
I think the independent variable is the number of people and the dependent is the wait time. I see it as the wait time DEPENDS on how many people are in line. This one is kinda confusing tho
Pretty difficult problem, but that’s why I’m here.
First we need to identify what we’re looking for, which is t. So now plug 450k into equation and solve for t.
450000 = 250000e^0.013t
Now to solve this, we need to remember this rule: if you take natural log of e you can remove x from exponent. And natural log of e is 1.
Basically ln(e^x) = xln(e) = 1*x
So knowing this first we need to isolate e
450000/250000 = e^0.013t
1.8 = e^0.013t
Now take natural log of both
Ln(1.8) = ln(e^0.013t)
Ln(1.8) = 0.013t*ln(e)
Ln(1.8) = 0.013t * 1
Now solve for t
Ln(1.8)/0.013 = t
T= 45.21435 years
Now just to check our work plug that into original equation which we get:
449999.94 which is basically 500k (just with an error caused by lack of decimals)
So our final solution will be in the 45th year after about 2 and a half months it will reach 450k people.
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
Answer:
what do you need help with? i can edit this later lol
