Examlex
Which statement about metabolic pathways is true?
Long-Run Average Cost
The average cost per unit of output where all inputs, including capital, are variable in the long term.
Marginal Cost
The costs entailed in generating an extra unit of a product or service.
Economies of Scale
The reduction in per-unit production costs resulting from an increase in the scale of production.
Service Provider
A company or an individual that offers services to others in exchange for payment, such as telecommunications, utilities, or healthcare.
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