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Why did institutions of higher learning flourish in the Middle Ages?
Output
The quantity of products or services generated by an enterprise, sector, or economic system.
Physical Capital
Assets used in the production process that are physical in nature, such as buildings, machinery, and equipment.
Variable Costs
Expenses that vary directly with the amount of output or business operations.
Workers
Individuals engaged in a professional or labor activity to earn wages or salaries.
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