Examlex
One problem for failed entrepreneurs is that many will not acknowledge failure and thus avoid exiting the business despite escalating losses.
Slope
The measure of the steepness or angle of a line, indicating the rate at which it rises or falls.
Average Costs
This refers to the per-unit production cost, calculated by dividing total costs by the total quantity produced, indicating the efficiency of production.
Output
The total amount of goods or services produced by a firm or economy.
Declines
Refers to a decrease in the value, amount, or quality of something, often observed in economic indicators or market trends.
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