Answer:
1. $13.5
2. iv. increasing.
Explanation:
1. Average variable cost
Total cost = Average cost × Quantity
= 200 × $15
= $3,000
Variable cost = Total cost - Fixed cost
= $3,000 - $300
= $2,700
So,
Average variable cost = Variable cost ÷ Quantity
= $2,700 ÷ 200
= $13.5
2. The quantity of hamburgers is 250 hamburgers the total curve is increasing.
Note :- we assume 250 hamburgers instead of 25 hamburgers because it is misprint.
I think the answer would be there social backround
The answer is:
a) Gives you the expected value when you have different probabilities for different outcomes outcomes. Like if you were given a probablty table and had to compute the expected value.
b) E(X) = ∑{X * P(X)}
c) You are adding the sum of all the outcomes multiplied by each their individual probabilities for each outcome instead of just one probability.
d) Answer is -$2.50. That is if you spend the $10 for a chance to win $15,000 on average or more than likely you should expect to lose $2.50.
The expected value, also known as expectation, expectancy, mathematical expectation, mean, average, or first moment, is a generalization of the weighted average in the field of probability theory. Informally, the anticipated value is the arithmetic mean of a significant number of outcomes of a random variable that were independently chosen.
Learn more about expected value here:
brainly.com/question/28197299
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Answer:make a list of responsibilities and tasks that need to be accomplished in the business
Explanation:
The behavior of Albert is consistent with the law of demand.
The basic law of demand says that the higher the price of a commodity, the lower the quantity demanded; and the lower the price of a commodity, the higher the quantity demanded.
Albert went to his local store, hoping to buy a pair of Levi's for $30, however, when he got there, the price was lower at $18, he then decided to buy more than one because the price was lower. This is the law of demand taking place.
