A(n) ____________________ Is a Small Chunk of Data Generated by a Web

question 13

Short Answer

A(n) ____________________ is a small chunk of data generated by a Web server and stored in a text file on your computer's hard disk.

---

Definitions:

Average Total Cost

The total cost of production divided by the total quantity produced, indicating the cost per unit of output.

Marginal Cost

A measure of the expense associated with manufacturing an additional item of a particular good.

Total Variable Cost

The sum of all variable costs (costs that change with the level of output) associated with producing a specific amount of a good or service.

Product Price

The amount of money required to purchase a good or service.