Examlex
A cabinet oblique drawing is drawn with a receding angle of 65°, and the scale along the receding axis is half size. Objects having a greater depth than width can be drawn in this form with clarity. Cabinet makers often draw their cabinet designs using this type of oblique drawing.
Profitable Output
The level of production at which a business or economic activity yields the maximum profit.
Firm
A business organization, such as a corporation, partnership, or sole proprietorship, that sells goods or services to consumers in exchange for money.
Total Profit
The overall financial gain made by a business after subtracting all costs from the total revenue generated from its operations.
AVC
Average Variable Cost; the total variable cost divided by the quantity of output produced.
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