Examlex
When the average total cost is $16 and the total cost is $800, then the number of units the firm is producing is
Fractions
Mathematical expressions representing parts of a whole or a ratio between two quantities.
Mixed Numbers
Numbers consisting of an integer and a fraction, representing quantities greater than one.
Lowest Terms
Refers to a fraction simplified to its smallest possible numerator and denominator without changing its value.
Improper Fractions
Fractions where the numerator (top number) is greater than or equal to the denominator (bottom number), resulting in a value greater than or equal to one.
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