Examlex
XML is a metalanguage used to facilitate the easy interchange of documents on the Internet.
Law of Diminishing Returns
The principle that as the level of investment in a particular area increases, the rate of profit from that investment, after a certain point, cannot continue to increase if other inputs remain constant.
Marginal Cost
The cost of producing one additional unit of a good or service.
Average Total Cost
The total cost of production divided by the quantity produced, indicating the cost effectiveness of producing goods.
Marginal Cost Increases
The rise in the cost to produce one additional unit of a good or service.
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