Examlex
Solve the problem.
-Among the 635,013,559,600 possible bridge hands (13 cards each) how many contain at least one card that is not a diamond?
Marginal Cost
The escalation in total financial outlay due to the creation of one more unit of a product or service.
Average Total Cost
Calculated by dividing the total cost to produce a product by the quantity of the product produced, it represents the per-unit cost of production.
Bygones
In economics, the principle of "letting bygones be bygones" implies that past costs, which cannot be recovered, should not factor into future economic decisions.
Total Revenue
The complete total of earnings a firm gains through product sales or service charges over a set period.
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