Examlex
The rate of imprisonment is especially high for minorities whoare young and unemployed.
Economies of Scale
Cost advantages that enterprises obtain due to their scale of operation, leading to a decreased cost per unit.
Long-Run Cost
The cost of production when all inputs, including both fixed and variable factors, can be fully adjusted, often leading to economies of scale.
Search Engine
A software system designed to carry out web searches, allowing users to find information on the Internet by typing queries.
Equal Percentage Increase
A situation where all variables increase by the same proportionate rate.
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