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Dell Computers is a nationally recognized manufacturer of computers for the small business and home markets. If Dell were to order one of its wholesalers not to carry any computer products other than those made by Dell, this arrangement would be called
Total Variable Cost
The total of all costs that vary with output level in the short run.
Output
The total amount of goods or services produced by a company, industry, or economy within a specific period.
Total Cost
The aggregate cost of producing a given level of output, including both fixed and variable costs.
Output Level
The total quantity of goods or services produced by a firm or industry within a specific period.
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