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Provide a stepwise curved arrow mechanism for the following reaction.
Average Total Costs
The overall expense of creating goods divided by the number of items produced.
Output
The quantity of goods or services produced by a firm, industry, or economy within a specified period.
Total Costs
The sum of all expenses a firm incurs in producing a product or offering a service, including both fixed and variable costs.
Total Variable Costs
The sum of all costs that vary with output level, including materials, labor, and other expenses that change with production volume.
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