Examlex
The approach taken by Kerberos is using authentication software tiedto a secure authentication server.
AVC
Average Variable Cost, the cost of labor or material that changes with the level of output or production.
ATC
Average Total Cost, which is the total cost divided by the quantity of output produced, representing the per unit cost of production.
Diminishing Returns
A rule which posits that when investment in a specific sector grows, the profit rate from that investment will not continue to rise past a certain threshold if all other factors are kept unchanged.
AVC
Average Variable Cost is the total variable cost per unit of output.
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