Examlex
Which process has been largely responsible for increasing the amount of CO2 in the last 200 years?
LRATC
Long-Run Average Total Cost, referring to the average cost per unit of output when all inputs are considered variable over time.
Economies of Scale
Businesses experience cost savings linked to the size of their operations, with the per-unit cost usually falling as the operation size grows.
Entire Range
The complete spectrum or entirety of something, without leaving parts out.
Exhausted
A state of extreme physical or mental fatigue, or the depletion of resources or materials.
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