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In the following histogram, what does its shape suggest?
Overall Costs
The total expenses incurred in the production, operation, or realization of goods and services.
Average Total Cost
The per unit cost of production, calculated by dividing the sum of all production costs by the quantity of output produced.
Workers
Individuals engaged in physical or mental activity in order to achieve a result, often employed for wages.
Units
The standard measurement or quantity in which a product, service, or statistic is counted or expressed.
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