Examlex
______ is a process in which news photographers can shoot breaking news and have it aired almost immediately at the station:
Output
The total amount of goods or services produced by a person, machine, or industry.
Profit-Maximizing Level
The specific output level at which a business achieves its maximum profit, determined through analysis of costs and revenues.
Output
The quantity of goods or services produced by a firm, industry, or economy in a given period.
Marginal Cost
The change in total production cost that comes from making or producing one additional unit.
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