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A(n)_____ is an inexpensive desktop computer designed to be smaller and lighter,and consume much less power than a traditional desktop computer.
Quantity of Output
The total amount of goods or services produced by a firm or economy over a specific period.
Total Cost
The total expenses involved in creating goods or services, encompassing both constant and changeable costs.
Average Variable Cost
The cost per unit of variable inputs divided by the total output, showing the variable cost component of producing each unit.
Average Fixed Cost
The fixed costs (costs that do not change with the level of output) of production divided by the quantity of output produced, decreasing as production increases.
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