Examlex
Half of Inuit who smoke started at what age?
Marginal Cost
The increase or decrease in the total cost that arises from producing one additional unit of a product or service.
Fixed Cost
Expenses that do not change with the level of goods or services produced by a business, such as rent, salaries, and insurance.
Variable
An element, feature, or factor that is liable to vary or change, often used in the context of experiments or mathematical models.
Output
The total amount of goods and services produced by an economy, company, or sector.
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