Identify the part of speech of each italicized word or group of words by placing the appropriate abbreviations in the blanks.
David seemed too tired to answer any more questions. _________, _________.
Definitions:
Average Variable Costs
The total variable costs divided by the quantity of output produced. It represents the variable cost per unit of output.
Shutting-Down
The process a business undergoes when it ceases operations, often due to financial struggles or strategic decisions.
Short Run
A period during which at least one factor of production is fixed, limiting the ability of a firm to adjust to changes in demand or production levels.
Average Costs
The total cost of production divided by the number of units produced, representing the cost per unit of production.
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