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Provide an appropriate response.
-The formula used to find the volume of the frustum of a square pyramid is , where is the length of the base, is the length of the top, and is the height. Try to visualize the figure if . Calculate the volume if feet, feet, and feet.
Marginal Cost Curve
A graphical representation showing how the cost of producing one more unit of a good changes as production levels vary.
Output
The quantity of goods or services produced by a business, industry, or economy.
Long Run
Period in which all inputs or factors of production can be varied, and all costs are variable, allowing companies to adjust to changes in market demand or production capabilities.
Average Costs
A calculation that determines the cost of producing one unit of goods by averaging the total production costs.
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