Mark's Balls produces balls. Mark's Balls has total fixed costs of $500. Mark's average variable cost is $20, and his average total cost is $25. Mark is currently producing:

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or

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answer; lags, push the econ below the natural level of output;

the definition of a small business is an independently owned and operated company that is limited in size and in revenue depending on the industry. a local bakery that employs 10 people is an example of a small business. a manufacturing facility that employees less than 500 people is an example of a small business.