Examlex
The disastrous events on the eastern front during World War I were the final blows that forced major political change in Russia.
Total Cost
The complete cost of production that includes both variable and fixed costs.
Economics
The social science that studies how individuals, governments, firms and nations make choices on allocating scarce resources to satisfy their unlimited wants.
Farming
The practice of cultivating crops and raising livestock for food, fiber, biofuel, medicinal plants, and other products used to sustain and enhance human life.
Economic Profit
The gap between an enterprise's total earnings and its combined explicit and implicit outlays.
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