Examlex
If a severe thunderstorm produces large hail, it will not produce a tornado.
Average Cost
The total cost of production divided by the number of units produced, indicating the cost per unit.
Copper
A reddish-brown metal with high electrical and thermal conductivity, used extensively in electrical wiring and plumbing.
Zinc
A metallic element used primarily for galvanizing steel and iron products to prevent rust; also important in biology and nutrition.
Production Function
An analytical expression that shows how the amounts of different inputs determine the maximum quantity of output that can be produced.
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