Examlex
The rapid development of infrastructure and factories was made possible through:
Monopolist
An entity that is the sole provider of a particular good or service in a market, often characterized by their ability to influence pricing and availability.
Marginal Cost
The incremental expense incurred when a business produces another item of its product line.
Marginal Cost
The elevation in total spending caused by the assembly of one additional unit of a product or service.
Average Cost
It refers to the total cost divided by the number of goods or services produced.
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