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Two species of salamanders have overlapping territories,and they successfully mate and produce eggs.However,most of the eggs fail to hatch.Only 10% of them hatch,but the tadpoles are weak and are almost all killed by predators.The few tadpoles that exit the water have weak bones and soon die.This is an example of
Marginal Cost
The expense associated with manufacturing an extra unit of a product or service.
Variable Cost
Variable cost pertains to a cost that changes in proportion with the level of activity or volume of production in a company.
Average Fixed Cost
The fixed costs of production divided by the quantity of output produced, which decreases as production increases.
Law Of Diminishing Returns
An economic principle stating that if one factor of production is increased while others remain constant, the overall returns will eventually decrease after a certain point.
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