Examlex
Transferring tacit knowledge to others is referred to as:
Mixers
Devices used for blending ingredients together, commonly found in cooking, baking, and cocktail making.
Diseconomies of Scale
A condition in which a firm’s average costs increase as production increases.
Returns to Scale
The change in output as a result of proportionately changing all inputs in the production process, indicating increasing, constant, or decreasing returns.
Marginal Cost
An uplift in the sum total of costs incurred by producing another unit of a product or service.
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