Examlex
"You ought to keep in touch more."
Collude
To come to a secret understanding for a harmful purpose; often refers to competitors agreeing on prices or market shares to gain an advantage.
Annual Fixed Cost
Regular expenses incurred by a business or individual that do not vary with production level or output within a year.
Marginal Cost Curve
A graphical representation showing the change in total cost that comes with producing one more unit of an item.
Marginal Revenue Curve
A graph showing how marginal revenue varies as output quantity changes, important for understanding profit maximization.
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