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If you tear your rotator cuff, which part of the body is injured?
Diseconomies Of Scale
Exist when average costs rise with output.
Marginal Costs
The cost associated with producing one additional unit of a product, useful for decision-making on production levels and pricing.
Constant Returns To Scale
When average costs are constant with respect to output level.
Economies Of Scale
Cost advantages that enterprises obtain due to their scale of operation, with cost per unit of output decreasing with increasing scale.
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