Examlex
The terms "realized gain" and "recognized gain" can be used interchangeably; they mean the same thing.
Total Cost
The full amount of expenses incurred by a firm in the production of goods or services, including both fixed and variable costs.
Marginal Cost
The increase in total cost that arises from producing one additional unit of a good or service.
Sod
A layer of earth in which the roots of grass are embedded, commonly used for lawns, golf courses, and sports fields to quickly establish a green surface.
Marginal Costs
The expense incurred from the production of one more unit of a product or service.
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