Examlex
Three equal negative point charges are placed at three of the corners of a square of side d. What is the magnitude of the net electric field at the center of the square? (k = 1/4πε0 = 8.99 × 109 N ∙ m2/C2)
AVC
Average Variable Cost, the per unit cost of variable inputs divided by the total output produced, indicating the variable cost for each unit of output.
ATC
Stands for Average Total Cost, which is the sum of all production costs divided by the quantity of output produced.
Short Run
A period in economics during which some factors of production are fixed, making it impossible for a business to change major production facilities.
Average Fixed Cost
The fixed costs of production divided by the quantity of output produced; it decreases as production increases.
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