The Following Sentences Form a Paragraph

question 14

Multiple Choice

The following sentences form a paragraph. Select the correct word or phrase for each blank.
-Unfortunately the reality was harder to produce than the idea. Only with the help of William Nickerson, a professor from the Massachusetts ______________ the safety razor finally hit the market in 1903.

• A) Institute of Technology, did
• B) institute of technology, did
• C) Institute of Technology did

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Definitions:

Output Level

The total amount of goods or services produced by a business or economy within a specific period.

Economic Loss

A situation where total cost exceeds total revenue, resulting in a negative profit for a business.

Average Variable Cost

The total variable costs divided by the quantity of output, indicating the variable cost per unit of output.

Marginal Cost

The hike in production costs when an additional unit of a good or service is manufactured.