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Per-Unit Cost
The cost associated with producing or acquiring one unit of a product or service, calculated by dividing the total cost by the number of units.
Profit-Maximizing Output
The level of production at which a company can make the highest profit, considering the cost of production and market price.
Maximum Profit
The highest possible financial gain that can be achieved from business activities after all costs are subtracted.
Market Price
The current price at which an asset or service can be bought or sold in a marketplace.
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