Examlex
A friend of yours is interested in getting a graduate degree and eventually becoming a clinical psychologist. She wants her education to focus almost exclusively on the practice of clinical psychology, and to include very little research or scientific training. Which type of graduate degree programs should she apply to?
3-D Printers
Machines that create three-dimensional objects by adding material layer by layer, based on digital models, revolutionizing manufacturing and prototyping.
Fixed Costs
Costs that do not change with the level of production or output in the short term, such as rent or salaries.
Minimum Efficient Scale
Minimum efficient scale represents the smallest amount of production a company can achieve while still taking full advantage of economies of scale in terms of costs per unit.
Industry
A group of companies that produce similar products or services and compete in the same market.
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