If a 1000ml Container Has 68

question 3

Short Answer

If a 1000ml container has 68.5% solids, 17.3% solvents, and 12.3% binder, the percentage of additives is ____________________ %.

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Definitions:

Opportunity Costs

The value of the best alternative forgone when a decision is made to pursue a certain action.

MR

Marginal Revenue, the increase in revenue that results from selling one additional unit of a product.

Average Total Costs

The total cost of production divided by the quantity produced, representing the per-unit cost of production.

Average Variable Costs

The sum of all variable production expenses divided by the amount of output generated.