Examlex
Relief sculpture is:
Long-Run Equilibrium
A state in economics where all factors of production are variable, leading to a situation where all firms in a competitive market make zero economic profit.
Marginal Revenue
The additional income received from selling one more unit of a product or service.
Marginal Cost
The extra expense associated with manufacturing an additional unit of a product or service.
ATC
Average Total Cost, which is the sum of all production costs divided by the quantity of output produced.
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