Look at the picture hopefully it helps at least a little.
X = 15
Inverse operations would be + 5 to the -5 which cancels that out, & adding 5 to the 15 which gives you 15
The change in the stock market from the beginning of the day to the end of the day is 29 3/4
<h3>How to determine the change in the stock market from the beginning of the day to the end of the day?</h3>
The given parameters are:
Beginning = 60 3/4
End = 90 1/2
The change in the stock market from the beginning of the day to the end of the day is calculated as;
Change = End - Beginning
So, we have
Change = 90 1/2 - 60 3/4
Evaluate
Change = 29 3/4
Hence, the change in the stock market from the beginning of the day to the end of the day is 29 3/4
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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