Examlex
A conscientious practitioner of Aristotelian virtue ethics would have to appeal to a moral rule such as "Do not lie" in order to know that she should not lie to a friend in order to avoid paying a debt.
Labor Costs
The total sum of all wages, benefits, and taxes that businesses must pay for employing workers.
Rental Rate
The cost of renting a property, piece of equipment, or other asset, typically expressed per unit of time.
Short-Run Average Cost
The average cost of production per unit in the short term, where some inputs are fixed and others are variable.
U-Shaped
A graphical representation showing a particular relationship where initial and end values are higher than those in the middle, resembling a "U" shape.
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