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The English scientist who independently codiscovered the theory of natural selection was
Average Variable Cost
The unit variable cost, determined by dividing the total variable expenses by the amount of output generated.
Marginal Cost
Marginal cost is the cost of producing one additional unit of a product or service.
Average Variable Cost
The total variable costs divided by the quantity of output, measuring the per-unit variable cost of production.
Marginal Cost
The additional financial outlay required to produce one more unit of a good or service.
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