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Instant messaging uses ____ technology, which lets one computing device identify the status of another.
Average Total Cost
Average total cost is calculated by dividing the total cost of producing a given output level by the quantity of output, reflecting the average cost per unit of output produced.
Total Profit
The net income a business earns after subtracting all costs, expenses, and taxes from the total revenue.
Per Unit Profit
The profit earned from selling one unit of a product, calculated by subtracting the cost per unit from the selling price per unit.
MR = MC Rule
A principle in economics where the optimal level of output is reached when marginal revenue equals marginal cost.
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