Examlex
The equilibrium of an acid/base reaction will favour the side with the higher acid pKa.
Markup
The amount added to the cost price of goods to cover overhead and profit; the difference between the cost of a product and its selling price.
Marginal Cost
Marginal cost is the change in the total cost that arises when the quantity produced changes by one unit.
Profit-Maximizing
A strategy where a business aims to achieve the highest possible profit from its operations.
Loss-Minimizing
A strategy or approach that aims to reduce or minimize losses in various contexts, including business, investment, and economic activities.
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