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Long-run cost curves are U-shaped because
Separation Phase
A stage in various processes, such as negotiations or psychological development, where parties or elements are distanced or differentiated from each other.
Career Stage Model
A theoretical framework describing the various phases individuals go through during their professional life, each with distinct characteristics, challenges, and opportunities.
Career Ladder
A structured series of job positions through which an individual progresses in an organization.
Career Plateau
A point in an individual’s career at which the probability of moving farther up the hierarchy is low.
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