Examlex
David is learning how to run and jump.He is using his ________motor skills.
Average Total Cost
The per unit cost of production, calculated by dividing total cost by the quantity of output produced.
Fixed Cost
Costs that do not change with the level of production or output, such as rent or salaries.
Average Fixed Cost
The fixed costs of production (costs that do not change with the level of output) divided by the quantity of output produced.
Average Total Cost
The total cost of production divided by the number of units produced, indicating the average cost per unit.
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