Examlex
How did Marx explain historical change? How did he apply his theory of historical change to the times in which he lived?
Diseconomies of Scale
A situation in which a business's costs per unit increase as the scale of operation expands, opposite to economies of scale.
Average Total Cost
The total cost of production divided by the quantity of output produced, representing the cost per unit of output.
Long Run
A period during which all inputs, including capital and labor, can be adjusted by firms. It is characterized by the flexibility of adjusting to conditions without any fixed constraints.
Average Costs
It's the cost associated with producing each unit, found by dividing the entire production expenses by the number of units produced.
Q9: By 1870, most of the world had
Q12: Which country's incursions into the Black Sea
Q13: What was part of Napoleon's agreement with
Q23: For each historical identification question, define the
Q60: What was life like for Europe's peasants
Q71: Elizabeth Poole Sanford would most likely have
Q77: The Crimean War was caused primarily by
Q82: All of these events were factors in
Q86: For each historical identification question, define the
Q89: For each historical identification question, define the