Examlex
Factor the trinomial completely.
Elasticity
A measure of how much the quantity demanded or supplied of a good responds to a change in one of its determinants, such as its price.
Marginal Cost
Marginal cost is the increase in total production cost that arises from producing one additional unit of a product or service.
Subsidy
A financial contribution granted by the government or a public body to help an industry or business keep the price of a commodity or service low.
Marginal Costs
The increase in cost resulting from the manufacture of one additional unit of a good or service.
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