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Exhibit 22-3
-Refer to Exhibit 22-3.The average fixed cost of producing 10 units of output is
Worst Payoff Rate
The lowest possible return or least favorable outcome from an investment or decision under a specific scenario.
ARM
In computing, a family of reduced instruction set computing (RISC) architectures for computer processors. In finance, an adjustable-rate mortgage.
Average Payoff
The expected return or payoff from an investment or decision, calculated as the mean of all possible payoffs.
ARM
Refers to a type of microprocessor architecture that is widely used in electronic devices and computing systems for its efficiency and power consumption advantages.
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