Step-by-step explanation:
Step One: We need to find a way to equate either the x terms of the y terms in each equation. ...
Step Two: Take equation b) from equation a) to eliminate the x component. ...
Step Three: substitute the value of y into either equation to find the value of x.
Hi there! The answer is 15 minutes.
Walking 4 miles per hour means that it takes you 60 minutes to walk 4 miles. To find the time it takes you to walk 1 mile, we must divide both sides by 4.
4 miles equals 60 minutes.
1 mile equals 60 / 4 = 15 minutes.
The answer is 15 minutes.
Answer:
-3/12
Step-by-step explanation:
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
I think B should be the answer
