Examlex
If Joe's Diner serves 150 meals in one day using 3 kitchen staff, what is the kitchen staff daily productivity?
Output
The cumulative quantity of products or services generated by a corporation, sector, or nation.
Average Total Cost
The total cost of production (fixed and variable costs combined) divided by the quantity of output produced; represents the per unit cost of production.
Marginal Cost
The price increase caused by the creation of one more unit of a product or service.
Microsoft
An American multinational technology company known for its software, services, devices, and solutions.
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