Examlex
The proteins of bacteria that are involved in the movement of small molecules into the cell are called
Marginal Product
The change in total output that results from the employment of one additional unit of a resource.
Marginal Cost
Represents the change in total production costs resulting from making one additional unit of a product or service.
Economies of Scale
Advantages in cost that businesses gain from expanding their production scale, leading to a decrease in the average cost per unit produced as the operation size grows.
Average Farm
Refers to a farm with characteristics (size, income, production level) that represent the mean or typical values when compared to the broader agricultural landscape.
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