Examlex
In addition to antimicrobics, patients with diphtheria are treated with _____.
Average Total Cost
The total cost of production divided by the number of goods produced, representing the per-unit cost of production.
Market Price
The current price at which an asset or service can be bought or sold in a given market.
Shut Down
A short-term decision by a firm to cease production due to market conditions, not covering variable costs in the short run.
Average Variable Cost
The total variable costs divided by the quantity of output produced.
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