Examlex
Which of the following is a written order that is based on probable cause, issued by a judge or magistrate, and commands that the person named on it be arrested by the police?
Marginal Cost
The increment in sum total cost that comes with the production of an additional single unit of a good or service.
Marginal Revenue
The boost in revenue achieved by selling an additional unit of a good or service.
Price Taker
A buyer or seller that is unable to influence the market price of a product or service.
Marginal Revenue Curve
A graphical representation showing how the revenue from selling one more unit of a good or service changes as production volume changes.
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