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A scientist cultures the dried soup from a 4,000-year-old cooking pot found in an Egyptian tomb and obtains a distinctive species of prokaryote. She immerses a test tube of these bacteria in boiling water for several hours, but the colony grows back. This species is probably
Average Costs
The total costs divided by the quantity produced or consumed, indicating the cost per unit.
Transfer Prices
The prices at which services, goods, or capital are exchanged between departments or divisions within the same company or between subsidiaries.
Intermediate Products
Goods that are used as inputs in the production of other goods, not intended for final consumption.
Profit Center
A branch or division of a company that is directly responsible for generating its own revenue and profits.
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