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Profit Maximizing
The strategy or technique of optimizing production and pricing for the utmost profit.
AVC Curve
The Average Variable Cost curve, showing the per-unit variable cost of production at different levels of output.
Profit
The financial gain achieved when the amount of revenue gained from a business activity exceeds the expenses, costs, and taxes involved in sustaining the activity.
Fizzle & Sizzle
An informal term indicating the contrasting outcomes of events or products; "fizzle" for failing and "sizzle" for succeeding amazingly.
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