Examlex
For the emotivist,the moral utterance "Lying is wrong" signifies something like:
P = MC
An equation that states that the price (P) of a product is equal to its marginal cost (MC), indicating the point at which the production of one more unit of a good or service is exactly covered by the sale price, often used in the context of perfect competition markets.
MC > ATC
Denotes a situation in which the marginal cost of producing an additional unit of a good is greater than the average total cost, implying that producing more of the good will increase the per unit cost.
Positive Profits
When a company or business generates earnings that exceed its costs and expenses, resulting in a net gain.
Market Price
The prevailing rate at which a good or service is available for purchase or sale on the open market.
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