You just have to arrange the equation such that the p is the only term at the left hand side of the equation. Express it in terms of r and m.
r = 1/2*m²*p
Divide both left and right hand side equations by 1/2*m²
p = r/(1/2 *m²)
Take the reciprocal of 1/2 and multiply it. The final answer is:
p = 2r/m²
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:
12
Step-by-step explanation:
Answer: B and D
Explanation:
Answer:
should be 2 excluding the start (origin)
Step-by-step explanation:
