Examlex
Explain politeness theory and provide three examples of how you might express it through your own interpersonal communication.
Average Variable Cost
The cost per unit of output that varies with the level of production, excluding any fixed costs.
Learning-by-Doing
The process through which skill and efficiency are improved over time as a result of practice and experience.
Economies of Scale
The cost advantage that arises with increased output of a product, where the average cost per unit decreases as the scale of production expands.
Technological Advance
Progress in technology that improves efficiency and productivity, often leading to economic growth.
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