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Using the figure below,contrast the abundance of nitrogen,oxygen,and carbon in Earth's atmosphere and the human body.Address the reason for the difference in the abundance of carbon.
Production Function
A mathematical model that describes the relationship between input factors and the output of goods or services.
Costs
The expenses involved in producing or acquiring goods and services, including labor, materials, and overheads.
Average Total Cost
The total cost of production divided by the number of units produced, giving a per unit cost of production.
Output
The total amount of goods or services produced by a person, machine, or company.
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