Examlex
The Colorado River seems to be an almost limitless source of water for the Southwest and will enable Los Angeles to grow much larger.
Variable Costs
Costs that change in proportion to the level of activity or volume of output in a business.
Law of Diminishing Returns
An economic principle stating that, holding all else constant, as one input variable to the production process is increased, there comes a point when the added output from each additional unit of input decreases.
Productive
refers to the capability of producing significant amounts of goods and services, or contributing to economic output efficiently.
Intelligence
The ability to learn, understand, and make judgments or have opinions that are based on reason.
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