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In a short essay, discuss how Machiavellianism can help explain individual behaviour in organisations.
Average Total Cost
The total cost divided by the number of units produced, representing the cost per unit.
Average Variable Cost
The cost per unit of output that varies with the level of production, typically including labor and material costs.
Marginal Cost
The cost added by producing one additional unit of a product or service.
Total Fixed Cost
The total of all expenses that do not vary with the amount of production or output.
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