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$13000 or an increase of $3000.
It depends if the increase in Average Cost is caused by an increase in Fixed Costs or an increase in Variable Costs. An increase in Fixed Costs will not increase MC, because FCs do not vary with output (by definition) And increase in Variable Costs will increase MC
dependent variable improves (or increases) as independent variable increases
tvc will also inscrease as output increase
An inversely proportional relationship shows that as one variable of an equation increases, the other will decrease. A directly proportional relationship shows that as one variable increases, the other increases as well.
Variable costs are costs that increase in total as output increases. For example, total labor costs increase per each hour worked; total direct materials costs increase per unit produced, etc.
Increases assist at highway speeds to increase maneuverability
As the explanatory variable increases, the response variable increases
The other can increase, decrease or stay the same. It depends on the relationship between the two variables.
It means that for every increase of 2.091 units in the first variable the second increases by 1 unit.
what is a variable expression that has a decreasing value as the value of thevariable increases?