Examlex
What functions should a speaker accomplish in the conclusion phase of a presentation? Why is it important for the speaker to accomplish each of these?
Diseconomies of Scale
occur when a company or production process becomes less efficient as it scales up, leading to increased average costs per unit.
Minimum Efficient Scale
The smallest level of production at which a firm can achieve the lowest long-term average cost, allowing it to be competitively viable.
3-D Printers
3-D printers are machines that create three-dimensional objects by adding material layer by layer, based on digital models.
Third Industrial Revolution
The period characterized by the digital revolution and the use of electronics and information technology to automate production.
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