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Due to the Stable Environment and Lack of Technological Change

question 165

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Due to the stable environment and lack of technological change, mergers and joint ventures rarely occur in the U.S.


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The additional satisfaction or utility gained by consuming or producing one more unit of a good or service.

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Marginal cost is the cost of producing one additional unit of a product, which varies depending on the level of production and can have a significant impact on pricing and production decisions.

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