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The group maintenance behavior of gatekeeping helps to:
Industry-wide Price
The average or standard price level for goods and services across a specific industry or market.
Total Profit
The total earnings of a business after subtracting all costs, including both fixed and variable costs, from total revenue.
Average Total Cost
The total cost of production divided by the total quantity produced, including both fixed and variable costs.
Average Variable Cost
The total variable costs (costs that change with the level of output) divided by the quantity of output produced.
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