Examlex
Broca's Area is the region of the cerebrum that is involved in the comprehension of language.
Average Revenue
Average revenue is the amount of income generated per unit of goods or services sold, calculated by dividing the total revenue by the number of units sold.
MC < MR
A condition in economic theory indicating that to maximize profit, a firm should produce more units as long as the marginal cost (MC) of producing an extra unit is less than the marginal revenue (MR) gained by selling it.
Profits
The financial gains attained when the revenues from business activities exceed the expenses, costs, and taxes needed to sustain them.
Lowering Price
The act of reducing the cost at which goods or services are sold, often to attract more customers or match competitors' offers.
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