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When Runoff Containing Excessive Nutrients Enters Streams and Lakes It

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When runoff containing excessive nutrients enters streams and lakes it can result in an overgrowth of cyanobacteria and algae, a process known as


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Marginal Cost Curve

A graphical representation that shows how the cost of producing one additional unit of a good changes as production volume increases.

Marginal Revenue Curve

A graphical representation showing how a firm's revenue changes with each additional unit of output sold, typically declining in perfectly competitive markets.

Total Revenue Curve

A graph showing how total revenue changes as the quantity sold of a product or service changes, holding the price constant.

Barriers to Entry

Factors that prevent or hinder companies from entering into a specific market or industry.

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