Convert the Following Improper Fraction to a Whole Number or a Mixed

question 53

Multiple Choice

Convert the following improper fraction to a whole number or a mixed number: $\frac { 131 } { 16 }$

• A) 8
• B) \(8 \frac { 3 } { 16 }\)
• C) \(\frac { 131 } { 16 }\)
• D) \(\frac { 65 } { 8 }\)

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Definitions:

Economic Profits

The profit or loss calculated by taking out both straightforward and assumed expenses from total income.

Purely Competitive

A business environment marked by the proliferation of many small enterprises, a uniform product, and effortless procedures for both entry and exit.

Market Price

The ongoing rate at which a service or asset is traded in a particular market.

Monopoly

A market structure characterized by a single seller or producer dominating the entire market, with no close substitutes for its product or service.