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Identify the Type of Fraction and Write It in Word 533105 \frac { 33 } { 10 }

question 140

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Identify the type of fraction and write it in word form: 533105 \frac { 33 } { 10 }


Definitions:

Fixed Costs

Expenses that do not change with the level of production or sales, such as rent, salaries, and insurance premiums.

Marginal Costs

The additional cost incurred by producing one more unit of a good or service.

Average Costs

Total costs (fixed and variable) divided by the total quantity of output produced, representing the cost per unit of production on average.

Variable Costs

Costs that change in proportion to the good or service that a business produces.

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