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Factorial designs must have:
Firm
An organization or business entity that produces goods or provides services with the aim of earning profits for its owners or shareholders.
Variable Costs
Expenses that fluctuate in direct proportion to the volume of production or output.
Fixed Cost
Costs that do not vary with the level of production or sales, such as rent, salaries, or insurance.
Lawn-mowing
The action or process of cutting the grass of a lawn, typically using a lawn mower.
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