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An organism that can exist in both oxygen and oxygen-free environments is a(n)
Average Variable Costs
The total variable costs divided by the number of units produced, indicating the average cost of producing each unit excluding fixed costs.
Short-Run Losses
Financial deficits that a firm experiences in the period where at least one factor of production is fixed, leading to an inability to cover total costs.
Operate
The act of functioning or running a business or machine, carrying out actions necessary for performance.
Average Variable Cost
the total variable cost divided by the quantity of output produced; it shows the variable cost per unit of output.
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