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Find the domain and range and describe the level curves for the function f(x,y) .
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Business Failure
When a business closes with a financial loss to a creditor.
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The process of creating and implementing new concepts, products, or solutions.
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The replacement of existing products, processes, ideas, and businesses with new and better ones.
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The economic benefits that companies gain from their size of operation, whereby the expense per output unit typically diminishes as the scale expands.
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