Examlex
What was the most critical lesson about teratogens learned from studies on the use of the drug diethylstilbestrol (DES) by pregnant women?
Profit
The financial gain realized when the amount of revenue gained from a business activity exceeds the expenses, costs, and taxes needed to sustain the activity.
Marginal Revenue
The additional income gained from selling one more unit of a good or service.
Total Cost
The sum of fixed costs and variable costs incurred by a business in producing a particular level of output.
Industry Equilibrium Price
The price at which the total quantity demanded by consumers equals the total quantity supplied by firms in an industry.
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