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Open-minded listening to coworkers usually creates a supportive,confirming climate.
Marginal Cost
The extra expense associated with manufacturing an additional unit of a product or service.
Average Fixed Cost
The fixed cost divided by the quantity of output, representing the fixed cost per unit of output.
Total Fixed Costs
The sum of all costs that remain constant regardless of the level of production or output in a business.
Variable Costs
Costs that change in proportion to the good or service that a business produces.
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