Examlex
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MR
Marginal Revenue, the additional income that is gained from selling one more unit of a product or service.
Profit-Maximizing
A strategy or approach aimed at achieving the highest possible profit from business operations.
Positive Profits
A financial gain that occurs when the revenues generated from business activities exceed the costs and expenses involved in operating the business.
Shut Down
A short-term decision by a firm to cease production due to unfavorable market conditions.
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