Examlex
A heteroduplex is a DNA double helix that contains mismatches.
Marginal Costs
Marginal costs are the additional costs incurred to produce one more unit of a product or service.
Total Cost Function
Describes the complete cost of producing a given level of output, summing up all variable and fixed costs associated with production.
Fixed Cost
A cost that does not change with an increase or decrease in the amount of goods or services produced or sold.
Long-Run Cost Curve
A graphical representation that shows the minimum cost at which any output level can be produced when all inputs are variable.
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