Examlex
Fifty crash helmets are tested for one hundred hours per helmet. Of all the helmets tested, only one experiences a malfunction during the test. What is the failure rate for the helmets?
Operating Cost
The total amount of money required to run a business, project, or device, excluding capital expenditures.
External Cost
Costs of a transaction that affect people other than the buyer or seller, which are not reflected in market prices.
Commercial Energy
Energy derived from commercial sources such as fossil fuels, intended primarily for businesses and manufacturing.
Wasted
Refers to resources or materials that are not used efficiently or are discarded without being utilized to their full potential.
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