Examlex
Which of the following is a consequence of high group cohesiveness?
Average Cost
The cost per unit of output, calculated by dividing the total cost of production by the number of units produced.
Marginal Cost
The additional cost incurred in producing one more unit of a good or service.
Variable Cost
Costs that change in proportion to the level of production or sales activity of a business.
Total Cost
The overall expense incurred in the production of goods or services, including both fixed and variable costs.
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