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People with amusia have perfect pitch.
Average Total Cost
The total cost of production divided by the number of units produced, representing the per-unit cost of production.
Marginal Cost
The increase in cost that results from producing one additional unit of a good or service.
Fixed Cost
Expenses that do not change with the level of production or sales, such as rent, salaries, and insurance, providing a base cost for operating a business.
Total Cost
The sum of all funds utilized in the production of goods or services, including both fixed and variable costs.
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