Examlex
High cirriform clouds are composed almost entirely of ice crystals.In tropical regions,air temperatures low enough to freeze all liquid water usually occur only above 6000 m (about 20,000 ft).In polar regions,however,these same temperatures may be found at altitudes as low as 3000 m (about 10,000 ft).Hence,while you may observe cirrus clouds at 3600 m (about 12,000 ft)over northern Alaska,you will not see them at that elevation above southern Florida.
Shutdown Point
The level of operation at which a firm is not generating enough revenue to cover its variable costs, making it economically viable to cease production.
Output
The total quantity of goods or services produced by a business, industry, or economy within a specific period.
Peak Efficiency
The state in which an entity or system is operating at its maximum potential and efficiency, without waste of resources.
Average Total Cost
This refers to the total cost per unit of output, calculated by dividing the total cost of production by the number of units produced.
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