Examlex
Many bacteria that are used for the production of various fermented milk products belong to the lactic acid bacteria group.
Short-Run
In economics, a period during which at least one factor of production is fixed and cannot be changed, influencing cost and production decisions.
Machines
Devices or systems designed to perform tasks or processes automatically or with minimal human intervention.
Total Cost
The complete cost of production, including both fixed and variable costs, for producing a specified number of goods or services.
Price L
A symbolic representation often used in economic models to denote the price of a particular good or service, labeled "L".
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