Examlex
Sheaths of the bacterium Sphaerotilus are tubelike structures that are in intimate contact with the chain of cells that they enclose.
Efficiency Gains
Improvements in the use of resources that allow for more output without increasing the input.
Natural Monopoly
A market condition in which a single firm can provide a product or service at a lower cost than any potential competitors, often due to economies of scale.
Economies of Scale
Cost advantages reaped by companies when production becomes efficient, as the scale of the operation increases.
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