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According to the text, which of the following has earned the highest Klout score?
Average Total Cost
The total cost of production divided by the number of units produced, representing the cost per unit of output.
Average Variable Cost
The total variable cost divided by the number of units produced, representing the variable cost per unit of output.
Average Fixed Cost Curve
A graphical representation showing how average fixed costs (costs that do not change with the level of output) decreases as production increases.
Output
The total amount of goods and services produced by an economy over a specific period.
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