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:
Travis estimated the product of 602 and 341 to be 1,800. His work is shown below. Find and explain Travis's error. 600×300 6 hundreds × 3 hundreds =18 hundreds 600×300=1,800 b. Margaret said the exact product of 602
Step-by-step explanation:
i hoped it was right!
Answer:
Replace all occurrences of y with 6x−3 in each equation.
Replace all occurrences of y in 18x−3y=9 with 6x−3 .
18x−3(6x−3)=9
y=6x−3
Simplify 18x−3(6x−3).
9=9
y=6x−3
Remove any equations from the system that are always true.
y=6x−3
Step-by-step explanation:
Using .25N, you set N equal to 18 for 18 quarters. so .25(18) = 4.50
9514 1404 393
Answer:
254.8
Step-by-step explanation:
Substitute the numbers where the variables are and do the arithmetic.
4c +2b³ = 4(1.2) +2(5³) = 4.8 +250 = 254.8
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It can also work to let a calculator or spreadsheet do the math for you, once you specify the function.
