Examlex
The _____ tags must be at the start and end of an ordered list.
Marginal Cost
The additional cost incurred by producing one more unit of a product, which can vary depending on the level of production.
Average Variable Cost
The variable cost of production divided by the quantity produced, showing the cost of producing each additional unit.
Average Total Cost
The total cost of production divided by the number of units produced, representing the per-unit cost of production for a firm.
Rising
An increase or upward trend in value, quantity, or importance.
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