Examlex
Biological rhythms are said to be endogenous. This means that they are generated:
Rent-Seeking Behavior
Actions by individuals or firms to increase their own wealth without generating new wealth or value for society, often through manipulating the social or political environment.
Monopoly
A market structure characterized by a single seller, selling a unique product in the market with no close substitutes, often leading to less competitive markets.
Marginal Cost
The cost of producing one additional unit of a good or service, taking into account factors that vary with production levels.
Average Cost
The total cost of production divided by the number of units produced, indicating the cost per unit of output.
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