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10.2 The structure of costs in the short run

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  • Card 17 / 23:
    average profit

    profit divided by the quantity of output produced; profit margin

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Practice FlashCards 11 Key Terms 7

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Source:  OpenStax, Openstax microeconomics in ten weeks. OpenStax CNX. Sep 03, 2014 Download for free at http://legacy.cnx.org/content/col11703/1.2
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