Examlex
Write 10 6 = 1,000,000 in logarithmic form. For example, 2 3 = 8 becomes log 2 8 = 3 in logarithmic form.
Quantity
The amount or number of a material or immaterial good considered as a unit or total.
Average Total Cost
The total cost of producing a given output level divided by the quantity of output, indicating the average expense per unit produced.
Marginal Cost
The rise in financial outlay for the production of an extra unit of a product or service.
Production
The process of creating goods and services from various resources.
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