Examlex
All business reports require a formal tone due to the nature and purpose of the document.
Marginal Costs
The extra expense incurred from making one more unit of a product or service.
Average Cost
The total cost of production divided by the number of goods produced, showing the cost of producing each unit.
Marginal Cost
The cost incurred to produce one additional unit of a product or service.
Average Costs
The total cost of production divided by the quantity produced, indicating the cost per unit of output.
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