Examlex
Which of the following is a nerve of the cervical plexus
Output
The total amount of something produced by a person, machine, or industry.
Average Variable Cost
The total variable costs (costs that change with production levels) divided by the quantity of output produced.
Output
The total quantity of goods or services produced within a specific period by a firm or industry.
Diminishing Marginal Returns
A principle stating that as additional units of a variable input are added to a fixed input, the additional output from each new unit of input will eventually decrease.
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