Examlex
Match each of the following terms with its corresponding definition.
-A value a field will assume unless an explicit value is entered for that field.
Variable Costs
Costs that vary directly with the level of production or output, such as materials and labor costs.
Japanese Firms
Companies based in Japan, often characterized by unique business practices such as lifetime employment and strong government-industry cooperation.
Marginal Revenue
The additional income generated from selling one more unit of a product or service.
Marginal Costs
The supplementary expense incurred from making one more unit of a product or service.
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