Examlex
What is the process of screening large amounts of information to anticipate and interpret changes in the surrounding economic area?
Marginal Cost
The cost increase resulting from the production of an extra unit of a product or service.
Part-Time Business
A venture or enterprise operated on a less than full-time basis, often alongside another job or personal commitments.
Marginal Cost
The cost added by producing one additional unit of a product or service, focusing on how cost changes with variations in output level.
Marginal Benefit
The increased enjoyment or advantage received from the consumption of one extra item of a good or service.
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