Examlex
The pronator teres contributes more to pronation torque compared with the pronator quadrates.
Price of Labor
The wage rate paid to employees, essentially the cost of labor to employers.
AVC Curve
A graph that shows the average variable costs of production at different levels of output.
Variable Resource
An input or factor of production whose quantity can be changed easily by a firm as its output level changes.
Total Variable Costs
The costs that vary directly with the level of production or output.
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