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The head can block some of the sound reaching one ear, which makes the sound more intense in one ear than the other. The brain can use this phenomenon-known as a sound shadow-to determine which of the following?
Differentiation
Differentiation is a strategy used by businesses to distinguish their products or services from those of competitors, often through unique features, quality, or branding.
Average Revenue
The total revenue generated by a company divided by the number of units sold, indicating the revenue generated per unit.
Marginal Revenue
The supplementary income generated by a firm when it sells an extra unit of a product or service.
Average Total Cost
The total cost of production (fixed and variable costs combined) divided by the number of units produced, reflecting the cost per unit.
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