Examlex
The fields of evolutionary and developmental biology have been merged into a new field of evolution called "evo-devo" by several scientists.
Monopolist
A single seller in a market, who has significant control over the price and supply of a specific good or service.
Marginal Cost
The increase in total cost resulting from producing one additional unit of a good or service.
Price Discriminate
A pricing strategy where a seller charges different prices for the same product or service to different customers, based not on costs, but on willingness to pay.
Economic Profit
The separation between overall turnover and cumulative costs, incorporating both direct and indirect expenditures.
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