Examlex
The doctrine of sovereign immunity can immunize a foreign nation from the jurisdiction of U.S. courts.
Marginal Output
The additional quantity of output that is produced by using one more unit of a particular input, holding all other inputs constant.
Fixed Resources
Assets and resources owned by a business or economy that cannot be easily changed in the short term, such as buildings and land.
Accounting Profits
Accounting profits represent the financial gains of a business as calculated by subtracting total explicit costs from total revenues, according to standard accounting practices.
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