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If those accused of antitrust violations sign a consent decree, they have
Long-Run
A period where all inputs or factors of production can be varied by firms, allowing them to adjust all aspects of their operations.
Shut Down
The process of ceasing operations, typically in a business context, either temporarily or permanently.
AVC
Average Variable Cost, which is the total variable costs of production divided by the quantity of output produced.
Average Variable Cost
The variable costs associated with production when divided by the total units manufactured, indicating the cost per unit that varies.
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