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Father Junípero Serra established the first mission in California and converted many Indians to Christianity,but his missions also relied on forced Indian labor and brought devastating diseases.
Average Fixed Cost
The fixed costs of production (costs that do not change with the level of output) divided by the quantity of output produced.
Marginal Costs
The expense incurred from manufacturing an extra unit of a product or service.
Average Total Costs
The total costs (fixed and variable) of production divided by the quantity of output produced.
Average Fixed Costs
The total fixed costs divided by the quantity of output produced, indicating the cost per unit that does not change with output level.
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