India Eastern Corporation's computation of cost of goods sold is: 
The average days to sell inventory for India East is
Definitions:
Marginal Cost
The cost of producing one additional unit of a product or service, crucial for economic decision-making and pricing strategies.
Marginal Revenue
Additional earnings received from marketing one more unit of a good or service.
Perfect Competitor
A theoretical market structure where many firms sell identical products, entry and exit are free, and no single buyer or seller can influence the market price.
Long Run
A period in which all factors of production and costs are variable, allowing firms to adjust all inputs.
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