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Optical discs are thin circular discs made out of molded polycarbonate substrates. _________________________
Average Total Cost Curve
A graphical representation showing the average total cost of producing various output levels, typically U-shaped due to economies and diseconomies of scale.
Total Cost
The aggregate cost involved in manufacturing goods or offering services, which covers both stable and changeable outlays.
Producing
The process of creating goods or services to be sold or used, involving various inputs to generate output.
Boots
Boots are a type of footwear that cover the feet and the ankles, and sometimes extend up to the knees or hips, designed for various purposes including fashion, protection, and work.
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