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1 Regulatory agencies set prices and specify quality and quantity of output.
2 Reach the quantity of output needed in the future steadily.
3 Responsible institution can with the aid of accurate prediction , make plan , make present quantity of output progressively.
4 It includes a focus on work speed, quality and accuracy, quantity of output, and following the rules.
5 Variable costs are those costs that do change as the firm alters the quantity of output produced.
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