Examlex
Difficulty perceiving facial emotions and reading others' states of mind is characteristic of most of those suffering from
Marginal Returns
The additional output that is produced by utilizing one more unit of a particular input, while holding all other inputs constant.
Short-Run Average Total Cost (ATC₂)
The total cost divided by the quantity produced in the short-run, where some inputs are fixed.
Diminishing Marginal Returns
A principle stating that if one factor of production is increased while others are kept constant, the resulting increase in output will eventually decline.
Short-Run Average Total Cost (ATC)
The total cost per unit of output in the short run, where some factors of production are fixed.
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