Convert the Improper Fraction into a Mixed Number $\frac { 79 } { 52 }$

question 158

Multiple Choice

Convert the improper fraction into a mixed number.
- $\frac { 79 } { 52 }$

• A) \(1 \frac { 29 } { 52 }\)
• B) \(\frac { 27 } { 52 }\)
• C) \(1 \frac { 27 } { 52 }\)
• D) \(2 \frac { 27 } { 52 }\)

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Definitions:

Profitable Output

The level of production at which a company maximizes its profits under given market conditions.

Break-even Point

The production level at which total revenues equal total expenses, and there is no profit or loss.

Short-run Supply Curve

A graphical representation in economics showing the relationship between the price level and the quantity of goods supplied over a short period, where some factors of production are fixed.

AVC Curve

The Average Variable Cost curve represents how the variable cost per unit of output changes with the quantity produced.