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What are the major environmental issues confronting Southeast Asia? How serious are they, and what steps have been taken to deal with them?
Average Product
The output per unit of input, such as labor or machinery, typically used in the context of analyzing production efficiency.
Marginal Cost
The increase in total cost that results from producing one additional unit of a good or service.
Total Cost
The total economic cost of production, including both fixed and variable costs.
Average Total Cost
Total cost divided by the number of units produced, representing the cost per unit of output.
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