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What is the significance of the conversion of pyruvate to lactate during fermentation?
Marginal Revenue
The rise in income generated by the sale of an extra unit of a product or service.
Total Revenue
The total income generated by a firm from selling its goods or services before any costs or expenses are deducted.
Output
The total amount of goods or services produced by a firm, industry, or economy over a specific period.
Average Total Cost
The total cost of production divided by the quantity of output, representing the per-unit cost of production.
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