Examlex
A man's age significantly affects fertility.
Diseconomies of Scale
The phenomenon where, as a firm expands, its costs start increasing per unit of output, usually due to inefficiencies and management challenges that arise with size.
Diminishing Returns
A principle stating that as investment in a particular area increases, the rate of profit from that investment, after a certain point, cannot continue to increase and may decrease.
Natural Monopoly
A market structure where a single provider is more efficient in supplying the entire market with a product or service, due to high fixed or startup costs.
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