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If a battery with 12 volts were connected to a series circuit that had a total resistance of 3 ohms, how much current would flow in the circuit?
Average Total Cost
The total cost of production divided by the number of goods produced; it includes both fixed and variable costs.
Marginal Revenue
The incremental income produced through the sale of one additional unit of a good or service.
Marginal Cost
The extra cost triggered by the production of an additional unit of a product or service.
Marginal Revenue
The additional income from selling one more unit of a good or service.
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