Write the Number in Scientific Notation $7.064 \times 10 ^ { - 5 }$

question 35

Multiple Choice

Write the number in scientific notation.
-0.000007064

• A) \(7.064 \times 10 ^ { - 5 }\)
• B) \(7.064 \times 10 ^ { - 7 }\)
• C) \(7.064 \times 10 ^ { - 6 }\)
• D) \(7.064 \times 10 ^ { 6 }\)

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Definitions:

Marginal Revenue (MR)

The extra income a company earns by selling an additional unit of a product or service.

Demand Curve

A visual depiction of how the demand for a product or service correlates with its price over a specific time frame.

Profit-Maximizing

This refers to the process or level of output at which a business can achieve the highest profit, where marginal revenue equals marginal cost.

Barriers to Entry

Factors that make it difficult for new firms to enter a market, such as high initial investment, complex regulation, or strong incumbent competition.