Examlex
Who was primarily responsible for the germ theory of disease?
Output Increases
A rise in the amount of goods or services produced by an entity.
Average Costs
The total cost of production divided by the number of goods produced; it decreases as production increases.
Average Costs
The average expense associated with producing a good or service, typically calculated by dividing the total costs by the quantity of goods or services produced.
Output Increases
A situation where the production level of goods or services in an economy or firm rises.
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