A Technician Uses #10 Wire for a Repair Job

question 4

Short Answer

A technician uses #10 wire for a repair job. Before starting the job, the roll has 85 1/4 feet of wire on it. The technician uses 1/3 of the roll. How many feet of wire are left on the roll?

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Definitions:

Economic Profit

The financial gain obtained by a firm or individual after subtracting all explicit and implicit costs from total revenue, often indicating the efficiency and profitability of business operations.

Short Run

A time period in economics during which at least one input is fixed while others are variable.

Produce

Fresh agricultural products such as fruits, vegetables, and other food crops that are grown and harvested.

At A Loss

A situation where expenses or costs exceed revenues, leading to a negative financial outcome for businesses or individuals.