Answer:c
Step-by-step explanation:
Profit maximization happens with marginal revenue is equal to marginal cost, so if Grant's assumption was right before selling the extra unit, when he actually sells the extra unit, this will increase his revenue
That's why the answer is c
Marginal revenue will exceed marginal cost
Answer:
40m Since it is the shortest side
Step-by-step explanation:
Answer:
1cm:100cm
Step-by-step explanation:
You have to convert the ratio into the same unit (I chose cm). If there are 100cm in a metre, there will be 300cm in 3m.
That leaves you with the ratio 3cm:300cm. To simplify, divide both sides by three leaving you with 1cm:100cm
Answer:
The constant of proportionality is 2.
Step-by-step explanation:
In an equation for which we are looking for the constant of proportionality, we use the base form below.
y = kx
In which k is the constant of proportionality. If we use the equation given
y = 2x
We can see k = 2
