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
Percent. Hope this helps!
Answer:
228
Step-by-step explanation:
Answer:
13.0 units
Step-by-step explanation:
To find the distance between two points, we use the formula
d = sqrt( (y2-y1)^2+ (x2-x1)^2)
sqrt((-3--10)^2 + (-12--1)^2)
sqrt( (-3+10)^2 + (-12+1)^2)
sqrt( (7^2 + (-11)^2)
sqrt( 49+121)
sqrt( 170)
13.038
Rounding to the nearest tenth
13.0
Answer:
-14
Step-by-step explanation:
4+7=11 so therefore -3-11=-14
