Examlex
____ occur when an X percent increase in input use raises output by more than X percent, so that the more the firm produces, the lower its per-unit costs become.
Demographic Transition
A theory describing the transition from high birth and death rates to low birth and death rates as a country develops from a pre-industrial to an industrialized economic system.
Per Capita Incomes
The average income earned per person in a given area or country.
Birth Rates
A rephrased: The frequency of live births in a given population, measured as the number of births per 1000 individuals per year.
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