Examlex
What are the functions of the 5' cap and poly(A)tail of mature mRNAs in eukaryotes?
Constant Costs
Occur when the cost of producing an additional unit of a good does not change as the scale of production increases or decreases.
Inferior Good
A type of good for which demand decreases as the consumer's income rises, reversing the typical behavior observed with normal goods.
Long-run Equilibrium
A state in which economic forces such as supply and demand are balanced and in the context of production, firms are operating at an efficient scale.
Decreasing-cost Industry
An industry in which production costs fall as the industry expands, often due to economies of scale or technological improvements.
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