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With his roommates, Jason participates in a group discussion on the merits of gun control.Once the discussion is over, Jason finds that he and his roommates have all adopted similar pro-gun control attitudes.This is an example of
Parkinson's Law
The adage that "work expands to fill the time available for its completion," suggesting efficiency decreases as the amount of time allocated to a task increases.
Pharmaceutical Industry
The sector of the economy that discovers, develops, produces, and markets drugs or pharmaceutical products for use as medications.
Marginal Cost
The augmentation in complete expenditure resulting from the manufacture of one more unit of a good or service.
Economies Of Scale
The cost advantages that enterprises obtain due to scale of operation, with cost per unit of output generally decreasing with increasing scale.
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