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Over time, according to 2006 data, the unemployment rate for immigrants aged 25 to 54 regardless of origins_____
Average Total Cost
The total cost of production divided by the number of goods produced, representing the per-unit production cost.
Producing
The process of creating goods or services through the combination of labor, materials, and technology.
Scale
In economics, scale refers to the level at which a business or activity is operating regarding its volume of production or size.
Consumer Equilibrium
A state in which a consumer has allocated their income in a way that maximizes their utility, given their budget constraints.
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