Examlex
Which of the following must be avoided in designing a questionnaire?
Marginal Revenue
The extra revenue gained by selling an additional unit of a product or service.
Economies of Scale
Cost advantages that entities attain due to the scale of operation, with costs per unit of output generally decreasing with increasing scale.
Economic Profit
The difference between total revenue and total costs, including both explicit and implicit costs, measuring the performance exceeding opportunity costs.
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