Examlex
Which of the following is the most hazardous teratogen,in terms of the greatest number of babies affected?
Economies of Scale
The cost advantage that arises with increased output of a product, leading to a fall in the per-unit production cost.
Average Total Cost
The total cost of production divided by the number of units produced, essentially representing the per-unit production cost.
Marginal Cost
The financial outlay involved in the manufacture of one more unit of a product or service.
Monopoly Power
The capacity of a firm to control market prices and exclude competition, often by being the sole provider of a product or service.
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