Examlex
On a broadcast network or an NBMA network, not all neighbors need to set up adjacencies. Therefore, the concept about the adjacency is applicable to only the broadcast network or the NBMA network.
Marginal Cost
The increase in cost that arises from producing one additional unit of a good or service.
Competitive Industry
An industry in which numerous producers supply a homogeneous product or service, leading to competition over price and quality.
Marginal Cost
The extra expenditure needed to manufacture one more unit of a good or service.
Average Cost
The total cost of production divided by the quantity of output produced; it's a measure of how much it costs, on average, to produce one unit of output.
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