Examlex
What does these abbreviation /keyword mean in Media ?
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Marginal Cost
The increase in cost that arises from producing one additional unit of a good or service.
Marginal Revenue
The additional income generated from selling one more unit of a good or service.
Marginal Cost
The cost of producing one additional unit of a product or service.
Output
The total amount of goods and services produced by an economic system, company, or sector within a certain period.
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