Examlex
Alcohol has a ______________ effect on the nervous system by _______________ the activity of GABA.
Nonlabor Resources
Nonlabor resources refer to the materials, capital, land, and technology used in the production of goods and services, distinct from human labor.
Output
The total amount of goods or services produced by a business, industry, or economy during a given period.
Average Total Costs
The total cost of production (fixed plus variable costs) divided by the total quantity of output, indicating the cost per unit of output.
Variable Costs
Costs that change in proportion to the level of output or activity.
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