<u><em>273÷9= 30.3333</em></u>
<u><em>Have A great day!</em></u>
Answer:
The answer is (A) Economies of scale define how cost changes with output, and returns to scale define how output changes with input usage
Step-by-step explanation:
Economies of scale show the effect of an increased output level on unit costs, Economies of Scale refer to the cost advantage experienced by a firm when it increases its level of output. The advantage arises due to the inverse relationship between per-unit fixed cost and the quantity produced. The greater the quantity of output produced, the lower the per-unit fixed cost.
Returns to scale focuses only on the relationship between input and output quantities. Returns to scale is the variation, or change, in productivity that is the outcome from a proportionate increase of all the input.
The maximum value of that graph is 1 and we can prove this by means of this graph:
http://assets.openstudy.com/updates/attachments/4fe27e44e4b06e92b87169f6-syderitic-1340243754047-unt...
I hope this one works for you
Answer:
$2.77 per bar sold
Step-by-step explanation:
Hi there!
We're given that selling 9 ice cream bars could make the truck driver $24.93. To find how much he'd make per bar sold, divide $24.93 by 9 ice cream bars:
24.93 ÷ 9 = 2.77
Therefore, the truck driver would make $2.77 per bar sold.
We could also find this answer using the given equation, y=kx.
y=kx
Let y equal the earnings. Let x equal the number of ice cream bars sold. Let k equal how much the driver would make per bar sold.
24.93=k(9)
24.93=9k
x=2.77
I hope this helps!
Answer b. The probability that at least 41 of them like to swim is 33%.
Solution:
The probability of an event is always 1 or 100%
The probability of at most 40 of them like to swim is 67% = 0.67
The probability of at most 40 not swimming = 1 - 0.67 = 0.33
Hence the probability of at least 41 people swimming is 33%.
<h3>What is Probability?</h3>
- The area of mathematics known as probability deals with numerical representations of the likelihood that an event will occur or that a statement is true.
- An event's probability is a number between 0 and 1, where, roughly speaking, 0 denotes the event's impossibility and 1 denotes certainty.
- The likelihood that an event will occur increases with its probability. A straightforward illustration is tossing a fair (impartial) coin. Since there are no other conceivable outcomes and the coin is fair, the odds of both the possibilities, "heads" and "tails," are equally likely to occur. As a result, the probability of either occurrence is half.
Learn more about Probability brainly.com/question/24756209
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