Examlex
Which element of the AWS global infrastructure consists of one or more discrete data centers, each with redundant power, networking, and connectivity, which are housed in separate facilities?
Price of Labor
The wage rate paid to employees, essentially the cost of labor to employers.
AVC Curve
A graph that shows the average variable costs of production at different levels of output.
Variable Resource
An input or factor of production whose quantity can be changed easily by a firm as its output level changes.
Total Variable Costs
The costs that vary directly with the level of production or output.
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