Answer:
The correct option is 4. The producer’s profit stop increasing when the level of production is 7 Bike.
Step-by-step explanation:
In the given graph the orange line represents the market price and the blue is represents the marginal cost.
Marginal cost is the additional cost of each unit.
The profit is the difference between market price and marginal cost.
Where the price and marginal cost is equal that is known as break even condition or shut down point.
If MC is more than P, then the producer is facing loss. So increasing the product after break even condition does not make any sense.
From the given graph it is noticed that the market price and marginal cost are equal when the level of production is 6 Bike because both line and curve intersecting each other.
It means at bike 6 the producer’s profit is 0. So, will produce till 6 biks. But after that he will face loss.
Therefore the producer’s profit stop increasing when the level of production is 7 Bike.
These statistics are impossible: all students who ride bike and use crossing guard ride a bike, so the proportion of students who ride a bike and use the crossing guard must be less than or equal to the proportion of students who ride a bike. This is not true in the given stats; 0.12 > 0.1
-5 to 0 is 5 degrees
0 to 27 is 27 degrees
Total change = 5 + 27 = 32 degrees.
20% & DiscountRUs
DiscountRUs offers 40% off while the other offers 1/5 off which is 20% off.
The difference between 40 and 20 is obviously 20.
For this question, we want to find out the greatest amount of area of pizza for the least amount of money:
So we have two pizzas with a 10 in. diameter. Let us take one of those pizzas.
The formula for area of a circle is
; So the area for one of these 10 in. pizzas would be
or 25
.
We have two of these pizzas, so the total area that we would get with $14 would be 25
*2 or 50
.
For the second case, we have one pizza with a 14 in. diameter.
The area of this pizza will be
or 49
.
So for $15 we can buy 49
worth of pizza.
The best deal would be to buy the two medium pizzas of 10 inch diameter, because for $14, you get 50
.
