Examlex
Choose the correct translation for the root crin/o.
Average Variable Cost
The cost of labor and materials divided by the total output, representing the variable costs per unit of output.
Economic Consultant
A professional who provides expert advice on economic policies, market analysis, and financial strategies.
Loss-Minimizing Strategy
An approach aimed at reducing the amount of loss incurred in a business or investment.
AVC
The average variable cost is calculated by dividing the total variable costs by the produced output quantity.
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