Examlex
A legal system that complies with the rule of law will ensure that:
i.All citizens have legal rights enforceable in the courts.
ii.The law will be applied equally to all.
iii.All citizens are entitled to legal representation.
iv.People will only be punished for conduct that is expressly made illegal.
Marginal Cost
The increment in expense for generating an additional unit of a product or service.
Swords
Edged weapons, longer than a knife or dagger, used historically in warfare or personal combat for cutting or thrusting.
Total Variable Cost
The sum of all costs that vary with output level in the production of goods or services, including materials and labor.
Total Variable Costs
The sum of all costs that vary with the level of output, including expenses such as materials and direct labor.
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