Examlex
A report, prepared by a probation officer, that presents a convicted offender's background and is used by the judge in selecting an appropriate sentence is called a _____.
Variable
An element, feature, or factor that is liable to vary or change, often used in the context of experiments or mathematical models.
Output
The total amount of goods and services produced by an economy, company, or sector.
AVC
Average Variable Cost is the total variable costs divided by the quantity of output produced, representing the variable cost per unit of output.
AVC
Average Variable Cost, the total variable cost divided by the quantity produced, representing the cost of labor and materials for each unit of output.
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