Examlex
________ is the action of quickly pressing the mouse button two times.
Cost-output Elasticity
The ratio of the percentage change in cost relative to the percentage change in output, indicating how costs change with output levels.
Marginal Cost
The cost associated with producing one additional unit of a product.
Technological Change
Development of new technologies allowing factors of production to be used more effectively.
Isoquant
A curve representing all the combinations of inputs that yield the same level of output.
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