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A Daily Auction at the Chicago Board of Trade Sets

question 61

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A daily auction at the Chicago Board of Trade sets


Definitions:

Fl Oz

A unit of volume measurement equal to one fluid ounce, commonly used in the United States.

1/1,000,000

A mathematical fraction denoting one part per million (ppm), often used to measure concentration levels in chemistry and environmental science.

Denominator

The denominator is the bottom part of a fraction, used to calculate a part of a whole.

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