Examlex
Generally, the fastest and deepest ocean currents are .
Output Increases
A rise in the quantity of goods or services produced by a company or economy.
Law of Diminishing Returns
The principle that as the level of investment in a particular area increases, the rate of profit from that investment, after a certain point, cannot continue to increase if other inputs remain constant.
Marginal Cost
The cost of producing one additional unit of a good or service.
Average Total Cost
The total cost of production divided by the quantity produced, indicating the cost effectiveness of producing goods.
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