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:
0.076 or 4.409 try both its one of those two
Step-by-step explanation:
Answer: x=-63/73
Step-by-step explanation:
Multiply both sides by 12, Move constant to the right hand side and change its sign, Move variable to the left hand side and change its sign, collect like terms, divide both sides of the equation by -73, x=-63/73 (- 63 over 73)
Answer:
4
Step-by-step explanation:
9x=10x-4
x=4
