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An advertisement for a portable computer indicates it has a 19-inch viewing screen. This means that the diagonal of the screen measures 19 inches. If the ratio of the length to the width of the screen is 3 to 4, we can represent the length with and the width with
and then use the Pythagorean theorem to solve for
Once we have
the length will be
and the width will be
Find the length and width of this computer screen to the nearest tenth of an inch.
ATC
Average Total Cost, which is the total cost per unit of output produced, calculated by adding all production costs and dividing by the number of units produced.
Marginal Output
The increase in output resulting from a one-unit increase in the level of input, while holding other inputs constant.
Variable Cost
Expenses that change in proportion to the activity or production level of a business; for example, costs for raw materials that increase as more goods are produced.
Rent
A payment made periodically by a tenant to a landlord in exchange for the use of land, a building, or another property.
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