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Graph the solution set of the system of inequalities.
-A company manufactures two types of lawn mowers, a gas-powered model and an electric model. The company's production plan calls for the production of at least 940 mowers per month. Write the inequality that
Describes the production plan, if x represents the number of gas-powered mowers and y represents the number
Of electric mowers.
Variable Costs
Costs that change in proportion to the level of activity or volume of output in production, such as raw materials and labor.
Fixed Cost
Expenses that do not change with the level of goods or services produced by a business.
Total Revenue
The total amount of money generated by a company or entity from its primary activities, such as sales of goods or services, before any expenses are deducted.
AVC
Short for Average Variable Cost, it is the total variable costs (such as labor and materials) divided by the quantity of output produced.
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