Examlex
Match each term to its correct description below.
-Dominated by coniferous trees that grow in northern or high-altitude regions with cold,dry winters and mild summers,this biome also has nutrient-poor soils and therefore a relatively low plant diversity.Large herbivores such as elk and moose live alongside smaller carnivores like weasels,wolverines,and martens.Larger carnivores include lynx and wolves.
Marginal Revenue
The additional income received from selling one more unit of a good or service.
Industry Supply Curve
A graphical representation showing the total quantity of a good or service that producers in an industry are willing and able to supply at different price levels.
Marginal Cost Curves
A graphical representation showing how the cost of producing one more unit of a good varies with the quantity of the good produced.
AVC
Average Variable Cost, which is the total variable costs divided by the quantity of output produced.
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