Examlex
You refer to the values in a multidimensional indexed array by including two sets of brackets, one which refers to the row and one which refers to the column.
Marginal Revenue
The additional income that is gained from selling one more unit of a product or service.
Price Change
A modification in the selling price of goods or services over a period.
Total Cost
The aggregate financial sum incurred by a firm in the production of goods or services, including both fixed and variable costs.
Average Cost
The total cost of production divided by the quantity of output produced, reflecting the cost per unit of output.
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