Examlex
Let us suppose that someone is successful at producing induced pluripotent stem cells (iPS) for replacement of pancreatic insulin-producing cells for people with type 1 diabetes. Which of the following could still be problems?
I.the possibility that, once introduced into the patient, the iPS cells produce nonpancreatic cells
II.the failure of the iPS cells to take up residence in the pancreas
III.the inability of the iPS cells to respond to appropriate regulatory signals
Marginal Cost
The added expense incurred from producing an additional unit of a good or service.
Average Total Cost
The total cost of production (fixed plus variable costs) divided by the total amount of output produced, indicating the cost per unit of output.
Marginal Cost
The production cost for one more unit of a product.
Marginal Cost Curve
A graphical representation showing how the cost of producing one additional unit of a good varies.
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