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Which structure groups specialists,fosters economies of scale,and addresses quality concerns well?
Variable Cost
A cost that changes with the level of output or production.
Average Variable Cost
The total variable cost divided by the quantity of output produced, representing the variable cost per unit of output.
Marginal Costs
refers to the cost associated with producing each additional unit of a product or service.
Average Total Cost
The total cost of production divided by the quantity produced, representing the per-unit cost of production, including both fixed and variable costs.
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