Examlex
What new technique or technology may revolutionize the way in which cell biologists alter the genomes of cells and organisms?
Profit
The financial gain accrued from a business activity when total revenues exceed total expenses.
Total Revenue
The total income generated from the sale of goods or services before any expenses are subtracted.
Long Run
An economic period in which all inputs, including capital, can be adjusted, allowing firms to fully adapt to market changes.
Output
The total amount of goods and services produced by an economy or a production process over a certain period of time.
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