Examlex
To be a district judge in Texas,you must be a licensed attorney or have served as a judge for four years,and you must have resided in the judicial district for two years.
Economies of Scale
Cost advantages that enterprises obtain due to their scale of operation, leading to a decrease in per unit cost with an increase in production.
Least Cost
The process of minimizing expenses involved in producing a good or service while maintaining its quality and efficiency.
Minimum Efficient Scale
The smallest amount of production a company can achieve while still taking full advantage of economies of scale with regards to minimizing its costs.
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