Examlex
To establish an agency relationship:
Marginal Cost
The supplementary expense required to manufacture an additional unit of a product or service.
Crude Oil Price
Refers to the cost per barrel of unrefined petroleum, which fluctuates based on global supply and demand dynamics, geopolitical tensions, and market speculations.
Cheat
An act of dishonesty or unfairness to gain an advantage.
Monopoly
A market structure characterized by a single seller that controls the entire supply of a product or service, with no close substitutes.
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