Examlex
Which facial recognition database would most likely contain the photos of criminals?
Total Revenue
The total amount of income generated by the sale of goods or services before any expenses are subtracted.
Nash Equilibrium
A situation in game theory where each player’s strategy is optimal given the strategies of all other players, resulting in a stable outcome.
Marginal Cost
The cost of producing one more unit of a good or service, crucial for decision-making in business operations and pricing.
Cartel
An agreement among competing firms to control prices or production in a particular market, often with the goal of monopolizing it.
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