Examlex
The zona pellucida is a clear layer of glycoprotein surrounding the ovulated oocyte.
Constant-Cost Industry
An industry in which the input prices and production costs remain constant as the industry output changes.
Long-Run Equilibrium
A state in which all firms in an industry are producing at their minimum long-run average cost and are earning normal profits.
Units of Output
The measurable amount of goods or services produced by a company or industry.
Internal Economies of Scale
cost advantages that a firm obtains due to expansion, leading to a decrease in the average cost per unit.
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