Examlex
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Local Electric
Refers to the provision and consumption of electricity in a specific geographical area, often managed by a local utility company.
Cable TV
A system of delivering television programming via coaxial cables to subscribers, offering a variety of channels and services.
Average Total Cost
The total cost divided by the number of units produced, representing the cost per unit of output.
Demand Curve
A graph showing the relationship between the quantity of a good that consumers are willing to buy and the price of the good.
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