Answer
0.5454...
Step-by-step explanation:
0.5454
11⟌60000
<u> - 0</u>
60
<u>- 55</u>
50
<u>- 44</u>
60
<u>- 55</u>
50
<u>- 44</u>
6
Answer: Second option is not true for a firm in perfect competition.
Step-by-step explanation:
We know that
In perfect competition, number of buyers and sellers are in large number, free entry and exit of firms, it sells homogenous products and can't earn abnormal profit.
In this competition, "Firm is the price taker, industry is the price maker".
and AR = MR as there is constant price fixed by the industry.
Hence, Second option is not true for a firm in perfect competition.
Answer:
80 + 4 + 2/10 or 0.2 + 2/100 or 0.02. When I wrote the fractions, it really depends on what your teacher taught you to do.
Step-by-step explanation:
8 x 10 + 4 x 1 + 2 x 1/10 + 2 x 1/00
That is just the explanation for the equation.
Answer:
y = 14x
Step-by-step explanation:
The equation is as follows:
Let us assume x be the number of pieces sold
And, the y be the money
Also the selling price be $14 each
So, the equation is
y = 14x
