Examlex
The two basic types of ammeters are "in-line" and ____________________.
Peak Efficiency
The state of operating at the maximum possible efficiency, where resources are used most effectively and wastage is minimized.
Profits
The financial gain realized when the amount of revenue gained from a business activity exceeds the expenses, costs, and taxes involved in sustaining the activity.
Total Profit
Total profit is the financial gain a business achieves after subtracting total costs from total revenue.
AVC
Average Variable Cost, which is the cost a company incurs to produce each additional unit of product, excluding fixed costs.
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