Answer:
C. the firm should produce if its price exceeds average variable cost.
Explanation:
WHen average total cost is less that price, this means you are making a profit, and since they are in the equilibrium sate with Margina revenue being equal to marginal cost, they are in the sweet spot of production, so the only thing left for them is producing if its price exceeds average variable cost, and that would maximize their profits.
According to the scale, an average person would posses the mean of 100 IQ <span>and standard deviation of 15. If to be a member of mensa one should have </span><span>an iq at least 2.5 standard deviations above average, the minimum iq should be:
</span>
2.5 = (x-100)/15
x = 137.5 >>>>> Less than 1% population belong to this IQ group or higher.
Answer:
Dressing well, being prepared, having a positive attitude, arriving early for work and asking good questions.
Explanation:
Answer:
Sink-Cost Fallacy
Explanation:
According to my research on studies conducted by various behaviorists, I can say that based on the information provided within the question the mental bias that describes Les's behavior is called the Sink-Cost Fallacy. This fallacy/bias refers to when an individual relentlessly continues's a behavior solely because of the resources that they have invested, either being time, money, or effort. Which in this case since, Les invested money into the drink so he does not want to waste it even though it might make him sick.
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