Multiply 12 and 5 (by the same number) and add them to get whatever total ml of crayon wax is specified.
Ex: Total ml divided by 17, then find how many parts are red(12ml) and white(5ml)
Answer:
C] 13 units
Step-by-step explanation:
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
The limit is equivalent to the value of the derivative of
at
. (See definition of derivative)
