Examlex
Use set notation to represent each of the following.
-The universal set of U.S. states that border the Pacific Ocean.
Average Fixed Costs
The fixed costs of production (costs that do not change with the level of output) divided by the number of units produced.
Drones
Unmanned aerial vehicles or aircraft systems operated by remote control or onboard computers.
Drone
An unmanned aerial vehicle (UAV) operated by remote control or onboard computers, used for various purposes including photography, surveillance, and recreation.
Average Variable Costs
The sum of all costs that vary with output levels, when divided by the number of units produced.
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