Examlex
High coordination in a global information system (GIS) offers the ability to maintain control of market needs around the world.
Average Variable Cost
The variable cost per unit of output, calculated by dividing total variable costs by the quantity of output produced.
Average Fixed Cost
The fixed costs of production divided by the number of units produced, showing how fixed costs per unit change with changes in output.
Average Total Cost
The per-unit cost of production, calculated by dividing the total cost by the total quantity of output produced.
Traditional Format
Generally refers to a conventional or long-established way of formatting or presenting data, documents, or accounting reports.
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