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(Table: Detailers for Cars I) Carl's Detailing is a small business that travels to people's homes to meticulously clean their high-end sports cars. Carl hires detailers (labor) at a wage of $80 per worker per day. A van that is used to carry cleaning supplies to clients' homes has a fixed cost of $20 per day. The table shows the relationship between the number of cars cleaned and the number of detailers. The marginal cost of cleaning the first car is _____, and the marginal cost of cleaning the third car is _____.
Opportunities for Growth
Potential scenarios or strategies that an organization identifies as capable of driving expansion, increasing revenue, or enhancing market share.
Degrees of Risk
The various levels or intensities of uncertainty regarding the outcome of an investment or decision.
Immaterial Segment
A segment or division of a business that does not have a significant impact on the company's financial statements due to its relatively small size or contribution.
75% Rule
A regulatory or policy guideline stipulating that a certain action, benefit, or permission applies only if a specified 75% threshold is met or exceeded.
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