Answer:
The answer is (A) Economies of scale define how cost changes with output, and returns to scale define how output changes with input usage
Step-by-step explanation:
Economies of scale show the effect of an increased output level on unit costs, Economies of Scale refer to the cost advantage experienced by a firm when it increases its level of output. The advantage arises due to the inverse relationship between per-unit fixed cost and the quantity produced. The greater the quantity of output produced, the lower the per-unit fixed cost.
Returns to scale focuses only on the relationship between input and output quantities. Returns to scale is the variation, or change, in productivity that is the outcome from a proportionate increase of all the input.
Answer:
11 13 15 17 19
Step-by-step explanation:
We will solve this word problem using 2k+1 which is one of the general forms of an odd integer.
Let 2k+1 be the first odd integer.
(2k+1) + (2k+3) + (2k +5) = (2k+7) + (2k +9) + 3 (the +3 is to accommodate for the left side being 3 more than the right)
Solve for k
6k + 9 = 4k + 19
6k - 4k + 9 = 4k-4k + 19
2k + 9 = 19
2k + 9 - 9 = 19 - 9
2k = 10
2k/2 = 10/2
k = 5
To get the first digit in the series plug in 5 for k
2k+1
2(5) + 1
10 + 1 = 11
So our series is 11, 13, 15, 17, 19
Let's test it.
11 + 13 +15 = 39
17 + 19 = 36
So we are correct, the first 3 integers are 3 more that the sum of the last 2.
Answer:
d
Step-by-step explanation:
let side of smaller triangle=x
x²+x²=7²
2x²=49
=110 sq. ft
Answer:
0.0159
Step-by-step explanation:
Given that a common practice of airline companies is to sell more tickets for a particular flight than there are seats on the plane, because customers who buy tickets do not always show up for the flight.
Here if X is the no of persons that do not show up, then X is binomial as each trial is independent with p = 0.04 and n =150 (no of tickets sold)
The plane is overbooked if more than 150 show up
i.e. less than 2 do not show up
Hence the probability that the airline overbooked this flight
=
Answer:
we need a picture
Step-by-step explanation:
