I didn't really know whether to do it from least to greatest or greatest to least, so I did it from least to greatest.
Steps:
1. Find a common denominator
Let's do 12
2. Convert
7/12 is already in its simplest form, so 2/3 = 8/12 and 3/4 = 9/12
3. Order
7/12, 8/12, 9/12
4. Back to original form
7/12, 2/3, 3/4
ANSWER: 7/12, 2/3, 3/4
The three primary characteristics of perfect competition are (1) no company holds a substantial market share, (2) the industry output is standardized, and (3) there is freedom of entry and exit. The efficient market equilibrium in a perfect competition is where marginal revenue equals marginal cost.
Answer:
Step-by-step explanation:
Because that's the equation given.
To solve for x, isolate the variable and then divide by the coefficient.
Answer:
x=5
Step-by-step explanation:
Answer is 7 ::::::::::::::::::::::::::::0
