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A personal computer system is composed of the processing unit,graphics board,and keyboard with reliabilities of 0.976,0.785,and 0.893,respectively.This is a series system and even if one component fails,the computer will not function correctly.The reliability of this system is:
Profit-Maximizing Level
The point at which a business achieves the highest profit, with costs minimized and revenue maximized.
Total Revenue
The total amount of money received by a company for goods sold or services provided during a certain time period.
Total Cost
The overall amount of money spent on production, which includes both fixed and variable expenses.
Market Price
The prevailing market rate at which a service or asset is offered for purchase or sale.
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