Examlex
Child mortality has not fallen worldwide since the 1990s.
Marginal Revenue
The extra revenue gained by selling an additional unit of a product or service.
Monopoly Power
Refers to the capacity of a single firm or entity to control a majority share of a market, thus influencing prices and production levels without significant competition.
Natural Monopoly
An industry in which a single firm can provide cheaper service than could several competing firms.
Local Electric
Refers to the provision and consumption of electricity in a specific geographical area, often managed by a local utility company.
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