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In a For...Next loop, the initial value should be greater than the terminating value if a negative step is used and the body of the loop is to be executed at least once.
Physical Capital
Physical capital encompasses the machinery, equipment, and infrastructure a business uses to produce goods or services, distinct from financial capital or human skills.
Average Total Cost
The total cost of production divided by the number of goods produced, accounting for both fixed and variable costs.
Output
The total amount of goods or services produced by a firm, industry, or economy within a specific period.
Fixed Cost
A cost that does not change with the level of output or production, such as rent or salaries.
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