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
Liza is wrong because...
Friday = 237
Saturday = 237 + 446
Both days = 920
Jenny won the race as she finished the race much more quickly and has greater average speed than Lester.
Jenny: distance/time = 100/15.2 = 6.58 m/s = 6.6 m/s
Lester: distance/time = 100/15.7 = 6.37 m/s = 6.4 m/s
<em>What phrases describes the expression of 16-y</em>
<em>Answer: -9</em>
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<em>Hope this helps~ </em>
