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The marginal cost curve cuts through the AVC, ATC, and AFC curves at their lowest points.
Generation Y
Refers to the demographic cohort following Generation X, typically born between the early 1980s and the mid-1990s to early 2000s.
Generation Z
Refers to individuals born between 1996 and 2009.
Generation Alpha
Refers to individuals born in 2010 and later.
Latch-Key Kids
Children who return from school to an empty home because their parents or guardians are at work, and thus they are often responsible for their own care for several hours a day.
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