Examlex
Which of the following is not a characteristic of groupthink?
Marginal Cost
The incremental expense incurred when a business produces another item of its product line.
Marginal Cost
The elevation in total spending caused by the assembly of one additional unit of a product or service.
Average Cost
It refers to the total cost divided by the number of goods or services produced.
Monopolist
A sole provider of a good or service in a market, facing no direct competition, which often results in the power to set prices.
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