Examlex
On a resistor with numbers and letters, the position of the letter in the sequence represents:
MRP
Marginal Resource Product, which measures the additional revenue generated by employing one more unit of a resource.
MRC
Marginal Revenue Cost, often used interchangeably with Marginal Cost, refers to the increase in cost associated with producing one additional unit of output.
Profitable
The condition of earning more revenue than the costs incurred, leading to a financial gain or profit for the individual or organization.
Innovation
The first commercially successful introduction of a new product, use of a new method of production, or creation of a new form of business organization.
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