Examlex
What differentiates process research from process-outcome research?
ATC
Average Total Cost, the per unit cost of production that includes all fixed and variable costs.
MR
Marginal Revenue, the additional income earned from selling one more unit of a good or service.
Economic Profit
The excess of total revenue over the complete aggregation of both transparent and hidden costs.
Marginal Revenue
The supplementary income a company accrues from the sale of one additional unit of a product or service.
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