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____________________ over sufficiently long time periods equals cash inflows minus cash outflows from operating,investing,and financing activities
Public Utilities
Companies that provide essential services to the public such as water, electricity, and telecommunications, often subject to government regulation due to their nature of operation.
LRAC Curve
Long-Run Average Cost curve, showing the minimum average cost of production at different levels of output when all inputs are variable.
Total Cost
The complete cost of production, including both fixed and variable costs.
Barrier To Entry
Factors that prevent or hinder companies from entering a specific market or industry.
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