Examlex
Find the indicated probability.
-A spinner has equal regions numbered 1 through 15. What is the probability that the spinner will stop on an even number or a multiple of 3?
Output
In economic terms, output refers to the total amount of goods and services produced by an economy or a firm.
Average Total Cost
The cost per unit of output, calculated by dividing the total cost of production by the total number of units produced.
Marginal Revenue
The added revenue procured by vending an additional unit of a good or service.
Business
An organized effort by individuals to produce and sell goods and services for profit.
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