Examlex
If a firm builds a larger plant and increases output and if its long-run average total cost does not change,the firm has constant returns to scale.
Wave Base
The depth at which the action of a wave in an ocean or lake no longer has an effect.
Laterally Right
Describes a feature or movement that extends or shifts to the right side when observed from a specific point or reference.
Laterally Left
Moving or extending to the left side in a horizontal direction.
Spring Tide
A tide that occurs just after a new or full moon, when the difference between high and low tide is greatest due to the alignment of the Sun, Moon, and Earth.
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