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anastassius [24]
3 years ago
9

What would happen if one of the factors of production was missing

Business
2 answers:
dmitriy555 [2]3 years ago
7 0
Production would cease. i hope this helps you (;
Nataly_w [17]3 years ago
6 0
Production would be stop
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The total cost of producing 15 tons of butter is $35000. If average variable cost is $530, then what is the firm's average fixed
saw5 [17]

Answer:

$1803.33

Explanation:

average total cost = average variable cost + average fixed cost

average total cost = total cost / quantity = $35000  / 15 = $2,333.33

average fixed cost = $2,333.33 -  $530 = $1803.33

5 0
3 years ago
You are investing your resources in a college education because
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I guess the correct answer is Extranet.

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The linear correlation between violent crime rate and percentage of the population that has a cell phone is minus0.918 for years
quester [9]
This is a case of statistical correlation that does not correspond to causation. Those 2 variables are unrelated, hence an increase in the percentage of population that has a cell phone should not affect the violent crime rate. Nevertheless, there are other factors that affect both variables. For example, the development of technology has increased both the availability of phones and the difficulty of getting away with a crime due to modern forensic methods. Hence, this is a good example of a lurking variable.
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