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If a firm has constant returns to scale,the long-run cost curve will be downward-sloping.
Earnings Per Share
A company's net profit divided by the number of its outstanding shares, indicating the profitability per share.
Merger Premium
The additional amount an acquirer pays over the current market price of a target company's shares during a merger or acquisition.
Market Price
The price at this moment for buying or selling an asset or service.
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