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The Geometry of an Ellipse Is Described by Two Numbers

question 11

Multiple Choice

The geometry of an ellipse is described by two numbers: the ____ which is half the longest diameter of the ellipse and the ____ which tells us the shape of the ellipse.


Definitions:

Profit-Maximizing

A process that enables a business to identify the price and production level that results in the greatest profit.

Marginal Revenue

The revenue increase from selling one more unit of a product or service.

Marginal Cost

The increase or decrease in the total production cost when the production level is increased by one additional unit.

MR = MC Rule

An economic principle that states a firm will maximize its profit when its marginal revenue equals its marginal cost.

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