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In the storming stage of team development,members are interested in getting to know each other and discovering what is considered acceptable behavior,in determining the real task of the team,and in defining team rules.
Long-Run Average Total Cost Curve
A graphical representation showing the relationship between output and average total cost when fixed cost has been chosen to minimize average total cost for each level of output.
Minimum
The lowest allowable or possible amount, level, or point.
Marginal Cost
The amount needed to generate one more unit of a good or service.
Average Total Cost
The overall expense of manufacturing, when dispersed across the number of products made, encompassing both constant and fluctuating expenses.
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