Examlex
To produce some sounds,the flow of air out of the lungs is interrupted by the lips;for other sounds,the flow is disrupted by the placement of the tongue and teeth.This feature of sound production is referred to as
Efficient Output Level
The level of production where the total costs of producing a good or service are minimized while maximizing production.
Profit-Maximizing Price
The price at which a business can sell its product or service to achieve the highest possible profit.
Marginal Cost
The cost added by producing one additional unit of a product or service.
Kink
A sudden change in the rate or direction of a curve or line, often used in economics to describe a sharp change in a demand or supply curve.
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