Examlex
Humans clear forests to grow crops,and they build houses and cities.What are these an example of?
Variable Cost
Costs that vary directly with the level of production or output.
Continue to Operate
The decision by a company or business to keep running its operations despite various challenges.
Marginal Cost
The cost of producing one additional unit of a product or service, a critical factor in economic decision-making.
Average Total Cost
The total cost of production divided by the quantity of output produced, representing the cost per unit of output.
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