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Co-workers no longer praise you when you engage in dangerous pranks, so you stop engaging in these pranks.This is an example of
Marginal Cost
The price of creating an additional unit of a product or service.
Profit-Maximizing
The process or strategy aimed at achieving the highest possible profit from activities, considering both revenue and costs.
Profit-Maximizing
A strategy or approach where a firm determines the price and output level that returns the greatest profit.
Average Total Cost
The total cost of production divided by the number of goods produced; it includes all variable and fixed costs.
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