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"I can hear you talking, I just can't understand what you're saying." This statement was likely made by someone who has
Marginal Cost
The additional expenditure resulting from the production of an extra unit of a product or service.
Average Total Cost
The total costs of production (both fixed and variable costs) divided by the quantity of output produced, indicating the cost per unit of output.
Marginal Cost
The rise in overall expenses resulting from the manufacture of an extra unit of a good or service.
Average Variable Cost
The total variable cost divided by the quantity of output, representing the variable cost per unit of output produced.
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