Examlex
Instructions: Following is a topic sentence followed by supporting details. Select the letter of the answer that arranges this group of details according to space order. Describe an ostrich. ____ on each foot, two clawed toes of unequal length ____ long neck lightly covered with down ____ muscular legs that can deliver tremendously strong kicks ____ sharp eyes, which spot enemies a long way off ____ toenails so sharp they can disembowel prey
Total Cost
The sum of all costs associated with the production or provision of a good or service, including fixed and variable costs.
Variable Cost
Expenses that vary in relation to the amount of production or operations.
Output
The total amount of goods and services produced by an individual, company, or country.
Marginal Cost
The cost of producing one additional unit of a good or service.
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