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Developmental states usually follow neoliberal fiscal and monetary policy, keeping inflation low and their currencies stable and realistically valued vis-à-vis others.
Output
The total amount of goods and services produced by an economy or a firm.
MC
Marginal Cost, which refers to the increase or decrease in the cost of producing one additional unit of a good or service.
ATC
stands for Average Total Cost, which is the sum of all production costs divided by the quantity of output produced; it combines average fixed and variable costs.
MR
Stands for Marginal Revenue, which is the additional income received from selling one more unit of a product or service.
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