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When a city's park district considers ways to upgrade its playground equipment or improve the programs it offers senior citizens,it is focusing on:
Full Capacity
The maximum level of output that a facility can produce under normal operating conditions.
Marginal Cost
The increase in total production costs from making one additional unit of a product or service.
Producing Unit
An individual entity, such as a factory or company, involved in the production of goods or services.
Marginal Revenue
The additional income received from selling one more unit of a good or service.
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