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Brothers and sisters from the same parents share only half the same genes, making the possible combinations:
Marginal Cost
The increase in cost resulting from the production of an extra unit of a good or service.
Output Level
The total amount of goods or services produced by a business or economy during a specific period.
Profit Maximizing
The process by which a company determines the price and output level that generates the maximum profit.
Marginal Cost
The supplementary expense incurred from manufacturing one more unit of a good or service.
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