Answer:
Step-by-step explanation:
Given that a firm has a price of $5, an average total cost of $7, and an average variable cost of $4
Price = 5
Var cost = 4
Contribution = 1 dollar per unit
Since contribution is positive, there is scope for getting profit by increasing production.
In the short run, you should __operate______(operate/shut down) because __Price______exceeds ________ average variable cost price . In the long run, you should __exit______(stay in/exit) the market because ________ average total cost price exceeds____price.______average variable cost price average total cost
ANSWER : 9 over 4
or 2 and 1/4
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*3 over 2 x 3 over 2 is 3/2 x 3/2* << this is for me to remember
Okay so multiplying fractions means for us to multiply across. That means if we line the fractions, we multiply. Like this
3 x 3
----- ----- 3 times 3 is = 9
2 x 2 2 times 2 is = 4
9 over 4 is the same thing as 2 and 1/4 << FRACTION
^^
WHOLE
Hope I helped (:
Answer:
41
Step-by-step explanation:
putting x into the eqn
Answer:
x = -7
Step-by-step explanation:
The given equation is :
-30=5(x+1)
We need to solve the equation.
Use associative property on RHS.
-30 = 5x+5
Subtract 5 from both the sides.
-30-5 = 5x+5-5
-35 = 5x
x = -7
Hence, the value of x is -7.
