Examlex
Evaluation research could use either quantitative or qualitative methodologies.
Supply Curve
A graphical representation of the relationship between the price of a good and the quantity of the good that suppliers are willing and able to sell, usually upward-sloping.
Variable Costs
Costs that vary directly with the level of production output, such as raw materials and hourly labor expenses.
Output
The quantity of output generated by an individual, device, or sector.
Total Variable Costs
The sum of expenses that change in proportion to the production volume or level of activities in a business.
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