Examlex
The _____ schema design contains one single global element; all others declarations are local.
Marginal Cost
The incremental cost incurred by producing an extra unit of a product or service.
Average Total Cost
The sum of all production costs divided by the quantity of output produced, including both fixed and variable costs.
Deregulation
The process of reducing or eliminating government oversight and rules in various industries to foster a more free-market environment.
Efficiency Gains
Improvements in the use of resources that allow for more output without increasing the input.
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