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Compare and contrast the assumptions about international phenomena made by liberalism and realism.What assumptions about the nature of world politics are advanced by each tradition? What accounts for the rise and fall over time of their relative popularity as paradigms for organizing our orientation toward the international arena?
Marginal Costs
Marginal Costs involve the additional expenses incurred from the production of one extra unit of a product or service.
Total Variable Cost
the sum of all costs that vary with the level of production, such as materials and labor directly involved in manufacturing.
Total Fixed Costs
The sum of all consistent, non-variable expenses a company must pay, regardless of its level of production.
Total Costs
The total of all costs associated with manufacturing goods or providing services, encompassing both fixed and variable expenses.
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