Examlex
_______________ is the period of accelerated growth rate and sexual development.
Upward-Sloping
Describes a line on a graph that demonstrates an increase in value as it moves to the right, often used to represent increases in costs or prices.
Diseconomies of Scale
Diseconomies of scale occur when a company or business grows so large that the costs per unit increase, leading to decreased efficiency.
Diminishing Marginal Returns
A principle stating that as additional units of a variable input are added to a fixed input, the additional output produced from each new unit will eventually decrease.
Normal Profit
The minimum level of profit needed for a company to remain competitive in the market, covering its opportunity costs.
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