What Is the First Step in Dividing Two Fractions

question 21

Multiple Choice

What is the first step in dividing two fractions?

• A) Ensuring both numbers are proper fractions
• B) Converting the numerators into their lowest common number
• C) Converting the denominators into their lowest common number
• D) Inverting the second fraction and multiplying the numerators separately from the denominators

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Definitions:

Purely Competitive Market

An idealized market structure featuring a large number of small firms, a homogeneous product, and no barriers to entry or exit, ensuring competitive price levels.

Firms

Firms refer to business entities or organizations that produce goods or provide services with the aim of making a profit.

Industry

A sector of the economy that is made up of manufacturing, production, or provision of services within a specific domain of activity or expertise.

Marginal Revenue

The supplementary income received from the sale of an additional unit of a product or service.