Find the Decimal Equivalent for Each of the Following Binary $\frac { 1101 _ { 2 } } { 10000 _ { 2 } }$

question 75

Multiple Choice

Find the decimal equivalent for each of the following binary numbers.
- $\frac { 1101 _ { 2 } } { 10000 _ { 2 } }$

• A) 0.75
• B) 0.9375
• C) 0.8125
• D) 0.875
• E) None of these

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Definitions:

MR = MC Output

The condition where Marginal Revenue (MR) equals Marginal Cost (MC) represents the profit-maximizing level of output for a firm.

Total Variable Costs

The sum of all costs that vary with output level in the short term.

Profit-maximizing Firm

A company that adjusts its production to achieve the highest possible profit based on its costs and the market demand.

Marginal Revenue

The revenue uplift from marketing one more unit of a product or service.