Examlex
With respect to mid-ocean ridges, transform faults are:
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.
Marginal Cost
The expense incurred by the production of one extra unit of a product or service.
Total Cost
The entirety of expenses incurred during the production process of goods or services, which includes both fixed and variable costs.
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