Examlex
An appellate court can reverse the decision of a trial court that erred.
MRC
Marginal Revenue Cost, often used interchangeably with Marginal Cost, refers to the increase in cost associated with producing one additional unit of output.
Profitable
The condition of earning more revenue than the costs incurred, leading to a financial gain or profit for the individual or organization.
Innovation
The first commercially successful introduction of a new product, use of a new method of production, or creation of a new form of business organization.
Invention
The conception of a new product or process combined with the first proof that it will work.
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