The relative frequency of 9/17 is 53%. 53% of the students prefer waffles.
In order to maximize profit in the short run; Company is to continue operating at that output level in the short term, since total revenue will cover all of the firm's variable costs and some of its fixed costs.
<h3>How to maximize profit?</h3>
Every firm in the market operates with the primary aim of making profit, which is different from the government that has a primary aim of creating welfare for the people. Thus, a profit-maximizing level of output is determined at the point where marginal revenue (MR) equals marginal cost (MC).
Finally, In order to maximize profit in the short run what the company should do is to continue operating at that output level in the short term, since total revenue will cover all of the firm's variable costs and some of its fixed costs.
Read more about Maximization of Profit at; brainly.com/question/13464288
I think I the answer is either C or D. Hope this helps :)
The number of ways the skaters can finish the competition is 40,320 ways
The different ways 3 of the skaters finish first, second and third is 56 ways
Given the following
- Number of skaters featured = 8 skaters
If the skaters finish the competition, the number of different ways the skaters finish the competition is expressed as:
8! = 8*7*6*5*4*3*2
8! = 56*30*24
8! = 40,320.
The number of ways the skaters can finish the competition is 40,320 ways
If 3 of the skaters finish first, second and third, the number of ways this can be done is given as:
8C3 = 8!/(8-3)!3!
8C3 = 8!/5!3!
8C3 = 8*7*6*5!/5!3!
8C3 = 56 ways
Hence the different ways 3 of the skaters finish first, second and third is 56 ways
Learn more on combination here: brainly.com/question/11732255
Answer:
1. A 2. A 3. B
Explanation:
Took the quiz on edge 2022
