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The absence of nonverbal communication in many electronic groups can reduce the effect of minority positions on group results.
Average Total Cost
The sum of all production expenses, both fixed and variable, divided by the total quantity of units manufactured.
Average Fixed Cost
The fixed cost per unit produced, calculated by dividing total fixed costs by the number of units produced.
Average Variable Cost
The variable cost per unit, calculated by dividing total variable costs by the quantity of units produced.
Total Cost
The sum of all expenses incurred in the production of goods or services, including fixed and variable costs.
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