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As Newborns,we Turn Our Heads in the Direction of Human

question 104

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As newborns,we turn our heads in the direction of human voices and we gaze longer at more face-like images.This best illustrates that we are born preferring sights and sounds that facilitate


Definitions:

Average Total Cost

The total cost divided by the number of goods produced; it includes all variable and fixed costs.

Average Variable Cost

The total variable cost divided by the quantity of output produced; it varies with production levels.

Average Fixed Cost

The constant expenses associated with production, which remain unaffected by the amount of goods produced, divided by the number of items made.

Average Variable Cost

The total variable cost of production divided by the quantity of output produced.

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