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The initial circumstance that led some to believe that Abraham Lincoln had Marfan syndrome was that ____ had the disease.
Excess Capacity
The condition where a business produces less than the maximum amount possible, often leading to inefficiency.
Average Total Cost
The total cost of production divided by the quantity produced, taking into account both fixed and variable costs.
Excess Capacity
The situation where a company is producing less than its full potential output due to lack of demand or other constraints.
Efficient Scale
The level of production at which a firm achieves the lowest average total cost, with economies of scale fully exploited.
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