Use the following table to answer question
-What is the average cost per unit for producing 3 units?
Definitions:
Trade Flow
Refers to the movement of goods and services between countries, indicating the import and export activities.
Exchange Rates
The value of one currency for the purpose of conversion to another; it determines how much of one currency can be exchanged for another currency.
Free Market
An economic system where prices for goods and services are determined by the open market and consumers, free from government intervention.
Subsidies
Financial support extended by the government to lower the price of goods or services or to support businesses.
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