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Why does the vertical distance between the ATC curve and the AVC curve decrease as output increases?
Segment
A group of people or organizations sharing one or more characteristics that cause them to have similar product needs.
Market
A place or mechanism where buyers and sellers interact to trade goods, services, or information.
Geography
The study of the Earth's physical features, environment, and human-environment interactions.
Sales Potential
The maximum total sales of a product or service that could be achieved within a specific market over a given time period.
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