Examlex
Briefly discuss guidelines for smart and safe online social networking.
Variable Input
Any resource used in production whose quantity can be changed in the short term to increase or decrease output, such as labor or raw materials.
Marginal Cost
The expenditure incurred from creating one more unit of a product or service.
Total Variable Cost
The total of expenses that vary directly with the level of production or output.
Marginal Cost
The increment in expense for generating an additional unit of a product or service.
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