Examlex
In the given table, match the concepts on the left of the table with the details on the right.
Distinguish
To recognize or treat someone or something as different from others.
Marginal Cost
The increase in total production costs resulting from the production of one additional unit of a product or service.
Average Total Cost
The total cost of production divided by the quantity of output produced, representing the average cost per unit of output.
Profit
The financial gain achieved when the revenue from business activities exceeds the expenses, costs, and taxes needed to sustain the activity.
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