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Explain the difference between serum and plasma.
Marginal Cost
The supplementary expense involved in creating an additional unit of a product or service.
Marginal Revenue
The extra revenue a company earns by selling an additional unit of a product or service.
Competitive Market
A market structure characterized by many buyers and sellers where no single entity can dictate or significantly alter the market price.
Competitive Market
A marketplace setup where there are numerous buyers and sellers, ensuring that no single participant has the power to control prices or the state of the market.
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