Examlex
When providing reasons and additional information for the bad news,the writer should
ATC
Average Total Cost; the total cost per unit of output incurred when producing goods or services.
AVC
Average Variable Cost, the cost that varies with the level of output, divided by the quantity of output produced.
Total Fixed Cost
The sum of all costs that do not change with the level of output produced; these costs are incurred even if production is zero.
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