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Scientists are concerned that bacteria will be resistant to all antibiotics within the next decade.Using your knowledge of genetics,describe how bacterial populations can develop drug resistance in such a short time frame.
AVC Curve
The Average Variable Cost curve, in economics, represents how the variable cost per unit changes with the level of output.
AFC Curve
Average Fixed Costs curve; a graphical representation showing the average fixed costs of producing different levels of output, which typically decreases as output increases.
MC Curve
The marginal cost curve, which graphs the cost of producing one more unit of a good or service, showing how marginal cost varies with the quantity produced.
Average Total Cost
The total cost of production (fixed and variable costs combined) divided by the total quantity of output produced.
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