O’rtacha umumiy xarajat
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Average total cost
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A firm’s total cost divided by output (the quantity of product produced); equal to average fixed cost plusaverage variable cost.
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O’rtacha o’zgaruvchan xarajat
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Average variable cost
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A firm’s total variable cost divided by output (the quantity of product produced).
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Qora bozor
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Black markets
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Markets in which products are illegally bought andsold at prices above the legal limits.
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Budjet cheklovi
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Budget constraint
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The limit that the size of a consumer’s income(and the prices that must be paid for goods and services) imposes on the ability of that consumer toobtain goods and services.
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Budjet chizig’i
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Budget line
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A line that shows the different combinations oftwo products a consumer can purchase with a specific money income, given the products’ prices.
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Kapital
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Capital
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Human-made resources (buildings, machinery, and equipment) used to produce goods and services; goods that do not directly satisfy human wants; alsocalled capital goods.
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