Distribute $270 into Three Parts So That the First Part $\text { twice }$

question 145

Multiple Choice

Distribute $270 into three parts so that the first part will be $\text { twice }$ as large as the second, and the third part will be $\text { four times }$ as large as the sum of the other two.

• A) First part = $32, Second part = $16, Third part = $222
• B) First part = $46, Second part = $23, Third part = $201
• C) First part = $38, Second part = $19, Third part = $213
• D) First part = $39, Second part = $21, Third part = $210
• E) First part = $36, Second part = $18, Third part = $216

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Definitions:

Long-Run Supply Curve

As it applies to macroeconomics, a supply curve for which price, but not real output, changes when the demand curves shifts; a vertical supply curve that implies fully flexible prices.

Perfectly Elastic

Describes a situation in which the quantity demanded or supplied changes infinitely with any change in price.

Pure Competition

A market structure characterized by a large number of buyers and sellers dealing in perfectly substitutable goods or services.

Market Entry

Refers to the process or strategy employed by an organization to start selling its products or services in a new market or industry segment.