Examlex
When Suzanne Pogell wanted to learn to sail,she could find no one to teach her because men were the ones who sailed,and women were their crew. She finally did convince someone to teach her to sail,and after mastering sailing,she started an all-woman sailing school,called Womanship,as a sole proprietorship. By creating her own business,Pogell overcame a type of problem while creating a different version of the same problem. What type of problem was it?
Quadratic Formula
A formula used to solve for x given a quadratic equation; x = (–b ± √(b^2 – 4ac)) / 2a.
Expense Equation
The sum of the fixed and variable expenses.
Average Cost
A method to determine the cost of goods sold or inventory valuation where all costs of acquisition are averaged over the total units available for sale.
Supply Functions
Mathematical expressions that describe how the quantity of goods or services offered by suppliers changes in response to price changes.
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