Examlex
Plot the following points and find the midpoint of the line segment joining the points.
(9, 6) , (5, 6)
Essential Resource
Is a resource that is necessary for the survival of an economy or ecosystem, often including items like water, air, and food.
Monopoly Result
The outcome of having a single seller in a market, which can lead to higher prices and less consumer choice.
Economies of Scale
The cost advantage companies achieve due to an increase in production, leading to a reduction in the per-unit cost.
Diseconomies of Scale
A condition in which an increase in production leads to higher long-term average costs, contrary to economies of scale.
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