If You Suspect That Your BIOS Are Out-Of-Date,explain What You

question 23

Essay

If you suspect that your BIOS are out-of-date,explain what you can try to correct this.

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Definitions:

Average Total Cost

The total cost of production (fixed and variable costs combined) divided by the number of units produced, expressed on a per unit basis.

Marginal Revenue

The increased income from the sale of one additional unit of a good or service.

Average Fixed Cost

Total fixed cost divided by the number of units produced. It always declines as output increases.

Price-Taker Firm

A company that must accept the market price of its product without having the influence to change it, typically because the market is highly competitive and the product is undifferentiated.