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Because the football game was interrupted by a long half-time,5-year-old Mark mistakenly concluded that the first and second halves of play were two different games.His experience best illustrates the organizational principle of
Marginal Cost
The hike in expense for producing another unit of a product or service.
Marginal Revenue
The extra revenue a company earns by selling an additional unit of a product or service.
Output Level
The quantity of goods or services produced by a business, industry, or economy at a given time.
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