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Which of the following has been linked to ephedrine use?
Average Total Cost
Calculated as the sum of all production costs divided by the number of units produced, representing the per unit cost of production.
Average Variable Cost
The sum of all costs that vary with output levels, divided by the total output generated.
Economies of Scale
The cost advantage that arises with increased output of a product, as the fixed costs are spread over more units of production.
Adam Smith
An 18th-century Scottish economist and philosopher, best known for his theories of the free market and the "invisible hand" guiding economies.
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