Examlex
The pyloric sphincter is also called the cardiac sphincter.
Maximum Profit
The highest possible financial gain that a business can achieve from its operations, given the current conditions.
Constant Marginal
A condition where the marginal gain or cost of producing an additional unit remains the same, regardless of the level of production.
Average Cost
Average cost, also known as unit cost, is the total cost of production divided by the number of units produced.
Maximize Profits
A business goal to achieve the highest possible profit by optimizing sales revenue and minimizing costs.
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