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It's Difficult to Demonstrate That There Are Short-Range and Long-Range

question 46

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It's difficult to demonstrate that there are short-range and long-range physical benefits for children as a result of their participation in sports programs. Why?


Definitions:

AFC

Average Fixed Cost, the fixed costs of production divided by the quantity of output produced.

Variable Costs

Costs that change in proportion to the good or service that a business produces, such as materials and labor.

Output

The sum of all products or services generated by a business or economic system.

Market Price

The current value at which an asset or service can be bought or sold, determined by supply and demand forces in the open market.

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