Examlex
Which of the following is NOT one of the procedures associated with behavioral modeling?
Marginal Cost
The upsurge in total expenditure associated with the fabrication of one further unit of a good or service.
Cartel
A formal agreement among competing firms to control prices, limit output, or divide markets to gain an advantageous market position.
Industry Output
The total production or service provision by companies within a specific industry.
Industry Profit
The total earnings generated by companies within a specific industry after covering all operating costs.
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