Examlex
Hostage taking differs from kidnapping in that it lacks a "movement" element.
Marginal Utility
The additional satisfaction or benefit gained from consuming one more unit of a good or service.
Process Innovation
Innovations that involve a new or significantly improved production or delivery method, enhancing efficiency or quality.
Process Innovation
The introduction of a new or significantly improved production or delivery method to reduce costs, improve quality, or produce a good or service more efficiently.
Economies of Scale
Refers to the cost advantage that arises with increased output of a product, where the average cost per unit falls as scale of production increases.
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