Instruction 2 -Referring to Instruction 2

question 168

Short Answer

Instruction 2.11
The table below contains the number of people who own a portable DVD player in a sample of 600 broken down by gender.
$$\begin{array} { | l | l | l | } \hline \begin{array} { l } \text { Own a Portable } \\\text { DVD Player }\end{array} & \text { Male } & \text { Fermale } \\\hline \text { Yes } & 96 & 40 \\\hline \text { No } & 224 & 240 \\\hline\end{array}$$
-Referring to Instruction 2.11,of those who did not own a portable DVD in the sample,_________ % were males.

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Definitions:

Marginal Cost Curve

A graphical representation that shows how the cost of producing one additional unit of a good varies as production volume changes.

Total Cost

Total Cost encompasses all expenditures incurred by a business in the production of goods or services, including fixed and variable costs.

Total Fixed Cost

The sum of all costs that remain constant regardless of the level of production or output.

Total Variable Cost

The sum of all costs that vary with the level of output produced by a company.