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2 answers:
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Answer:
Step-by-step explanation:
- Apply the distributed property, so it now looks like this: -3n + -18 + 10 = -9
- Combine like terms: -3n + -8 = -9
- Simplify: -3n - 8 = -9
- Add 8 to each side, so it now looks like this: -3n = -1
- Divide each side by -3 to cancel out the -3 next to n. It should now look like this: n = 1/3
I hope this helps!
Rs 100 of the average total cost is made up of variable costs.
Step-by-step explanation:
Given:
Number of output the firm produces= 7 units
Average cost of the output= Rs. 150
fixed factors of production = Rs.350
To Find:
How much of the average total cost is made up of variable costs=?
Solution:
we know that,
Average total cost= total cost/ number of output units produced
substituting the values, we get
Total cost= 1050
we know that Total fixed cost = 350
Total cost = Total fixed cost + Total variable cost
plug in the known values.
1050= 350 + Total variable cost
Total variable cost = 1050-350
Total variable cost =700
For 7th unit = 100