The Following Stem-And-Leaf Output Has Been Generated by Minitab $\quad \mathrm { N } = 10$

question 45

Short Answer

The following stem-and-leaf output has been generated by Minitab. Stem-and-leaf of C2 $\quad \mathrm { N } = 10$
Leaf Unit $= 0.10$
$\begin{array} { l c l } 2 & - 1 & 31 \\ 4 & - 0 & 86 \\ ( 2 ) & - 0 & 41 \\ 4 & 0 & 1 \\ 3 & 0 & 8 \\ 2 & 1 & 1 \\ 1 & 1 & 8 \end{array}$ How many values are positive?

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Definitions:

Barriers To Entry

Obstacles that make it difficult for new competitors to enter a market, such as high startup costs or stringent regulations.

Natural Monopoly

A market condition where a single firm can supply a good or service to an entire market at a lower cost than two or more firms, due to economies of scale.

Economic Profit

The difference between a firm's total revenues and its total costs, including both explicit and implicit costs.

Regulation

Rules or directives made and maintained by an authority to regulate behavior or achieve an outcome.