Examlex
Privacy advocates are not questioning whether Axon's software will transform the legal and lethal limits of policing but how it will change policing and who will profit the most from these changes.
Marginal Revenue
Additional earnings received from marketing one more unit of a good or service.
Perfect Competitor
A theoretical market structure where many firms sell identical products, entry and exit are free, and no single buyer or seller can influence the market price.
Long Run
A period in which all factors of production and costs are variable, allowing firms to adjust all inputs.
Patents
Legal documents that grant an inventor exclusive rights to manufacture, use, or sell an invention for a certain number of years.
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