Examlex
Cells of the adrenal medulla are closely associated with preganglionic fibers of the parasympathetic division of the autonomic nervous system.
Marginal Costs
The additional cost incurred by producing one more unit of a good or service; this cost can vary with the level of production.
OPEC
The Organization of the Petroleum Exporting Countries, a group consisting of 13 of the world's major oil-exporting nations.
Perfectly Competitive Market
A market in which all participants are price-takers.
Tacit Collusion
An unspoken, illegal agreement among competitors to avoid competing directly, often leading to higher prices.
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