Examlex
Which of the following are components of the average fingerprint?
Efficient Scale
The level of production at which a firm's average costs are minimized, and efficiency is maximized.
Production
The process of creating goods and services through the combination of labor, materials, and technology.
Quantity
The amount or number of a material or immaterial good or service.
Average Fixed Cost
The fixed costs of production (expenses that do not change with the level of output) divided by the quantity of output produced.
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