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Earn +20 ptsQ: How do you find equilibrium price when given output and total cost?
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How do you calculate cost price when selling price and total profit is given?
cost price = selling price - profit
What is the meaning of shutdown point?
The shutdown point is the output level at which total revenue is equal to the total variable cost. Here the product price is also equal to its average variable cost.
How do you measure productivity?
Partial measures output/(single input)Multi-factor measures output/(multiple inputs)Total measure output/ (total inputs)Productivity =(Outputs/inputs)
What the total price of 7.25 sales tax for the price of 22.50?
The total price is $24.13
Total energy input equals equals the useful energy output plus?
Efficiency = ( useful energy output / total energy input ) x 100
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