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What was Sir Robert Peel's operational philosophy of policing?
Marginal Revenue
The extra revenue gained by the sale of an additional unit of a product or service.
Total Revenue
The total amount of income generated by the sale of goods or services by a company.
Average Cost
The total cost of production divided by the quantity of output produced, representing the cost per unit of output.
Marginal Cost
The rise in overall expenses incurred from manufacturing an extra unit of a good or service.
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