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The frequency of the second hand on a clock is
Demand Curve
A graph showing the relationship between the price of a good and the quantity demanded by consumers, typically sloping downward from left to right.
Marginal Revenue
The additional revenue that is generated by selling one more unit of a product or service.
Average Total Cost
The total cost of production (fixed plus variable costs) divided by the total quantity of output produced.
Marginal Cost
Marginal cost is the additional cost incurred in the production of one more unit of a good or service.
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