Examlex
Like Franz Boas, but unlike most nineteenth-century social thinkers, Durkheim believed that race was not a determinant of one's behavior.
Marginal Revenue
The increase in revenue that results from the sale of one additional unit of a product or service.
Average Total Cost
The total cost of production divided by the total quantity produced, representing the average cost per unit of output.
Implicit Costs
The opportunity costs of using resources owned by the business for its operations, not directly paid out in cash.
Delivery Truck
A vehicle specifically designed for transporting goods from one location to another.
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