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MATCHING
-Tab used to set triggers for animations
Losing Money
Losing money describes a situation where an individual or business expends more money than is received over a certain period, resulting in financial loss.
Average Variable Cost
The sum of all costs that vary with output levels, divided by the total number of units produced.
Marginal Cost
The increase or decrease in total production cost when producing one additional unit of a good.
Average Cost
The total cost of production divided by the quantity of output produced, also known as the cost per unit.
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