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the sum of average fixed costs and average variable costs
total fixed costs of production divided by the output of production
(also called payments in kind) payment in the form of food; accommodation; clothing; transport;...
when the amount of capital per worker increases so that the stock of capital is greater than the...
fuel obtained from plant sources such as maize; soya beans and sugar cane.
when changes in spending have an effect on income that is greater than the original change in...