Examlex
An increase in blood CO2 levels is followed by a(n) ____ in H+ ions and a(n) ____ in blood pH.
Marginal Revenue
The additional income received from selling one more unit of a good or service; typically used to determine optimal production levels.
Marginal Cost
The expense incurred from manufacturing an extra unit of a good or service.
Profit Increase
The rise in the difference between a company's revenue and its expenses.
Long Run
A period in which all factors of production and costs are variable, allowing firms to adjust to market changes fully.
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