Answer:
60.6%
Explanation:
Let x represent the number of pints sold and y represents the number of gallon sold. She earns $3.50 for each pint she sells, and $10 for each gallon, she earns $20,000 in all by selling 3,300 containers Hence:
3.5x + 10y = 20000 (1)
Also:
x + y = 3300 (2)
We have to solve equation 1 and 2 simultaneously, multiply equation 2 by 3.5 and subtract from equation 1. This gives:
6.5y = 9500
Divide both sides by 6.5
6.5y/6.5 = 8450/6.5
y = 1300
Put y = 1300 in equation 2
x + 1300 = 3300
x = 3300 - 1300
x = 2000
Therefore 2000 pints and 1300 gallons were sold
The percentage of earnings from pints = number of pints sold/ total number sold * 100%
The percentage of earnings from pints = 2000/3300 *100% = 60.6%
Answer: True
There is sufficient consideration for a valid contract to be developed if need be
My best guess is the supply would go down, since many companies would be losing profit margins, and many others losing profitability all together.
The right answer for the question that is being asked and shown above is that: "c. to distribute responsibility" the ultimate purpose of the system of checks and balances is that <span>c. to distribute responsibility</span>
Answer:
Since the average variable cost curve lies below the average total cost curve, this implies that the average variable cost is the lowest price at which the producer can sell.
If there is no possible output where the price would be at least equal to the average variable costs, the firm should cease production, because it is not going to recover its costs, not to talk about making a profit.
Explanation:
A firm's average variable cost is the total variable cost divided by the total output. For example, if the total variable cost for a particular product is $4,500 with a total output of 450 units, then the average variable cost is $10 ($4,500/450).
