Examlex
A(n) laptop computer is a portable computing device featuring a touch-sensitive screen.
Monopolist
An entity that is the sole provider of a particular product or service, controlling the market and setting prices without competition.
Marginal Revenue
The additional income received from selling one more unit of a product.
Marginal Cost
The additional cost resulting from the production of one more unit of a product or service.
Profit Maximizing
The procedure a business uses to ascertain the most profitable price and volume of output.
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