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The following sentences form a paragraph. Proofread them for errors in spelling and look-alikes/sound-alikes. Select the correct list of misspelled words. But its also an importent one. If your still uncertain about the path you should take, here's a three-step process that might help you move from worry to action.
Average Variable Cost
The cost of labor, materials, and other inputs that change with the level of output, averaged over the quantity produced.
Output
The total amount of goods and services produced by an economic entity in a specific period.
Total Cost
The sum of all costs involved in producing a given level of output, including both fixed and variable costs.
Minimum Point
The lowest point on a curve, often referring to the lowest point of costs or output in economic models.
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