Let $B = \{ 0,1,2,3 \}$ And Define a Relation $U$ On $B$

question 4

Essay

Let $B = \{ 0,1,2,3 \}$ and define a relation $U$ on $B$ by
$$U = \{ ( 0,2 ) , ( 0,3 ) , ( 2,0 ) , ( 2,1 ) \}$$
Is $U$ transitive? Justify your answer.

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Definitions:

Financial Break-even

The point at which total revenues equal total costs, resulting in no profit or loss for the business.

Financial Break-even

The point at which total revenues are equal to total operating expenses and financial costs, meaning the company makes no profit but also incurs no loss.

Payback Period

The amount of time required for an investment to generate cash flows to recover its initial cost.

Fixed Costs

Fixed costs are business expenses that remain constant regardless of the level of production or sales activity, such as rent, salaries, and insurance.