Examlex
Public key encryption utilizes two keys-only a person with both keys can encrypt a message or file.
Average Total Cost
The total cost divided by the quantity produced, indicative of the cost per unit of output.
Average Fixed Cost
Fixed cost divided by output.
Variable Costs
Expenses that change in proportion to the activity of a business.
Fixed Costs
Expenses that do not change with the level of output or sales in the short term.
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