Examlex
Match the person or term with the with the correct description.
-stagflation
Average Cost
The cost per unit is determined by dividing the overall production cost by the total units produced.
Average Total Cost
The total cost of production (fixed and variable costs combined) divided by the quantity of output produced.
Total Cost
The sum of fixed and variable costs incurred in producing a given level of output.
Computer Software
Programs and operating information used by a computer to perform specific tasks or functions.
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