Examlex
Which of the following is a Windows programming interface that allows computers to communicate across a local area network (LAN) ?
Average Total Cost (ATC)
The total cost of production (fixed and variable costs) divided by the total quantity of output produced.
Marginal Cost (MC)
Marginal cost is the increase in total cost that arises from producing one additional unit of a product or service.
Marginal Revenue (MR)
The enhanced earnings from distributing an additional unit of a good or service.
Total Costs
The sum of all expenses incurred in the production of goods or services.
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