Examlex
The diamond-shaped region of a female's external genitalia found between the anterior ends of the labial folds, the anus posteriorly, and the ischial tuberosities laterally is called the perineum.
Profit Maximizing Output
The level of production at which a firm achieves the highest possible profit, determined by the point where marginal cost equals marginal revenue.
Demand Curve
A graphic representation showing how the quantity demanded of a good or service varies with its price.
Marginal Cost
The hike in complete costing that comes with the fabrication of an additional unit of a good or service.
Competitive Buyer
A buyer in a market who cannot influence the market price and takes the price as given.
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