Examlex
What is a type of field that displays the result of an expression rather than the data stored in a field?
Tangent
A straight line that touches a curve at a single point without crossing it, often used in geometry and calculus to represent the slope of the curve at that point.
Diseconomies of Scale
An economic concept referring to a situation where, as a firm expands, the costs per unit increase.
Long-Run Average Total Cost Curve
A graphical representation that shows the lowest average total cost at which a firm can produce any given level of output in the long run, where all inputs are variable.
Downward-Sloping
A term often used in economics to describe a curve or line that represents a decrease in one variable as another increases, typical in demand curves.
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