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In long-run equilibrium in a perfectly competitive market,all firms will be operating at their lowest possible average total cost.
Psychological Factor
An aspect of an individual's mental or emotional state that influences behavior and perception.
Susceptibility
The likelihood or predisposition of an individual or group to be affected or influenced by a particular condition or disease.
Serious Illness
A health condition that poses a significant risk to an individual’s well-being, often requiring extensive medical treatment or hospitalization.
Health Benefits
The positive effects on physical and/or mental health that result from a particular action or activity, such as exercise or a healthy diet.
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