Examlex
One of the most important characteristics of a pesticide is how long it will stay deadly in the environment,a characteristic called ____.
Marginal Cost
The production cost for one more unit of a product.
Marginal Cost Curve
A graphical representation showing how the cost of producing one additional unit of a good varies.
Average Total Cost
The per unit cost of production, computed by dividing the total cost of production by the total quantity of output.
Average Fixed Cost
The fixed costs of production (costs that do not change with the level of output) divided by the quantity of output produced.
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