Examlex
________ research involves making careful observations in an attempt to identify relationships between variables,but without changing or controlling any aspect of the variables being studied.
Mathematical Calculation
The process of solving a mathematical problem by using arithmetic operations and algorithms.
Profit-maximizing
The process or strategy of adjusting production and sales to achieve the highest possible profit levels.
Total Cost
The sum of fixed costs and variable costs incurred by a business in producing a good or service.
Output
The quantity of goods or services produced within a given period.
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