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of <h1>Unpacking Cost Calculation Methods: Comprehensive Definitions for Competition Analysis Under Regulatory Framework</h1> The definitions for key terms in the Competition Commission of India's Cost of Production Regulations. It defines various cost-related concepts such as average variable cost, total cost, total variable cost, avoidable cost, long-run average incremental cost, and marginal cost. The definitions provide detailed explanations of how different types of costs are calculated and attributed, specifically for analyzing production economics within the Competition Act framework. Undefined terms are to be interpreted according to the Competition Act or Companies Act.
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