Examlex
________ refers to the relocation of business services by a company or organization from one country to another.
Total Profit
The total earnings of a business after subtracting all costs, including both fixed and variable costs, from total revenue.
Average Total Cost
The total cost of production divided by the total quantity produced, including both fixed and variable costs.
Average Variable Cost
The total variable costs (costs that change with the level of output) divided by the quantity of output produced.
Losing Money
The process where expenses exceed revenues, resulting in financial loss for a business or individual.
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