Examlex
What criterion would you use to find numbers greater than or equal to 100?
Inputs
The resources such as labor, materials, and capital that are used in the production process to create goods and services.
AFC
Acronym that stands for Average Fixed Cost, the fixed costs of production divided by the quantity of output produced.
ATC
Average Total Cost, which is the total cost of production divided by the number of goods produced.
Output
The total amount of goods or services produced by a company, industry, or economy within a specific period.
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