Examlex
Find the standard form of the equation of the ellipse with the given characteristics. foci: endpoints of the major axis:
Law of Diminishing Returns
An economic principle stating that, holding all else constant, as one input variable is increased, there is a point at which the marginal per unit output starts decreasing.
Diseconomies of Scale
The phenomenon where an increase in production leads to higher per-unit costs, often due to inefficiencies associated with scale.
Output Units
The measurable quantities or volumes of goods or services produced by a company or industry.
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