Examlex
Explain "love for puzzles" as a motivation for hackers.
Marginal Cost
The increase in cost resulting from the production of one additional unit of a good.
Variable Cost
Costs that change in proportion to the level of activity or volume of production in a company.
AVC
Average Variable Cost, which refers to the total variable cost per unit of output in a business, where variable costs change with the level of production.
MC
Marginal Cost, the cost of producing one additional unit of a product or service.
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