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Rajesh is considering whether to use a web app to collaborate with a group of friends on a project.What is one reason he should avoid using a web app for the project?
Average Total Costs
The total cost of production (fixed plus variable costs) divided by the quantity of output produced.
Market Price
The present rate at which a service or asset is available for purchase or sale in a specific market.
Marginal Revenue
The revenue increase resulting from the sale of one extra unit of a good or service.
Marginal Cost
Expenses accrued from the creation of one more product or service unit.
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