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Determine the area of a triangle having the following measurements. Round your answer to two decimal places.
Variable Cost
Outlays that adjust in accordance with the volume of production or output, like materials and labor costs.
Loan
A sum of money that is borrowed and expected to be paid back with interest.
Economies of Scale
Refers to the cost advantage that arises with increased output of a product, leading to a reduction in the per-unit cost.
Marginal Cost
An alternative phrasing expressing the additional cost incurred from the production of the next unit of output.
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