Examlex
When Marsha heard that her favourite cat had been hit by a car and killed, she giggled quietly. This is an example of
Total Costs
The sum of all costs associated with the production of a good or service, including both fixed and variable costs.
Eighth Customer
Refers abstractly to a particular order or position of a customer, often without a specific context.
Marginal Benefit
The extra pleasure or benefit obtained from consuming an additional unit of a product or service.
Marginal Cost
Marginal cost is the increase in total cost that arises from producing one additional unit of a product or service.
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