Examlex
What are software suites that automate systems analysis, design, and development?
Average Fixed Costs
The constant production costs (unaffected by changes in output) divided by the production volume.
Swords
Swords are bladed weapons used historically and today for ceremonial, martial, or symbolic purposes, characterized by long blades for slashing or thrusting.
Average Total Cost
The total cost of production (fixed plus variable costs) divided by the quantity of output produced.
AFC
Average Fixed Cost, which is the fixed costs of production divided by the quantity of output produced; a measure of economies of scale.
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