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In the derivation of AVC, to find its minimum you need
Port Facilities
Infrastructure and services provided at a port to support the loading, unloading, maintenance, and storage of ships and their cargoes.
Absolute Advantage
The ability of a country, company, or individual to produce a good or service more efficiently than competitors, using fewer resources.
Monopoly
Market situation in which a single seller dominates trade in a good or service for which buyers can find no close substitutes.
Less-developed Countries
Nations with a lower standard of living, underdeveloped industrial base, and low Human Development Index (HDI) relative to other countries.
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