Find the Exact Value of the Expression

question 67

Essay

Find the exact value of the expression. $\sin \left( \frac { \pi } { 6 } \right) \cos \left( \frac { \pi } { 3 } \right) + \sin \left( \frac { \pi } { 3 } \right) \cos \left( \frac { \pi } { 6 } \right)$

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Definitions:

Marginal Cost

The increase in total cost that arises from producing one additional unit of a good or service.

Total Revenue

The total amount of income generated by the sale of goods or services before any expenses are subtracted.

Nash Equilibrium

A situation in game theory where each player’s strategy is optimal given the strategies of all other players, resulting in a stable outcome.

Marginal Cost

The cost of producing one more unit of a good or service, crucial for decision-making in business operations and pricing.