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Does the spread of election monitoring mean that eventually most election systems will be fair and free? What other methods might be helpful beyond this informal institution?
Marginal Revenue
The additional income generated from the sale of one more unit of a good or service.
Average Variable Cost
The total variable cost divided by the total output, representing the variable cost per unit of output.
Average Total Cost
The total cost per unit produced, determined by dividing the sum of fixed and variable costs by the quantity of output.
Shut Down
The process of ceasing operations or activities, often temporarily, in a business or other organization.
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