Examlex
During the Spring and Autumn, as well as Warring States periods, _______ (men of service) were very much sought after by kings and feudal lords who wanted to preserve or increase their power.
Opportunity Cost
The cost of missing out on the second-best option while choosing between two mutually exclusive options in a decision-making process.
Profit
The financial gain realized when the revenue generated from business activities exceeds the expenses, costs, and taxes needed to sustain the activity.
Average Total Cost
The complete expense of manufacturing (encompassing both fixed and variable expenditures) divided by the overall amount of goods produced.
Output
The quantity of goods or services produced by a firm, industry, or economy within a certain period.
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