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:
the picture is kinda blur but nvm
Step-by-step explanation:
3:b
4:b
5:a
6:b
Answer:
a subtraction sign belongs in the circle
Step-by-step explanation:
[4+8×3]÷(16-2) is:
[(4+24) ÷ 14] = 28/14 = 2
Answer:T=1
Step-by-step explanation:
I WILL TRY AND FIGURE IT OUT RQ
