Examlex
Horizontal gene transfer greatly contributes to the rapid evolution that takes place in prokaryotes.
Average Costs
The total costs of production divided by the number of units produced, representing the cost per unit.
Returns To Scale
The change in output resulting from a proportional change in all inputs in the production process; can be increasing, constant, or decreasing.
Increasing Returns To Scale
See Economies of scale.
Economies Of Scale
Exist when average costs fall as output increases.
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Q66: Which of the following is the hole