Examlex
What is the function of the ampr gene in a vector?
Marginal Revenue
The additional income received from selling one more unit of a good or service.
Industry Supply Curve
A graphical representation showing the total quantity of a good or service that producers in an industry are willing and able to supply at different price levels.
Marginal Cost Curves
A graphical representation showing how the cost of producing one more unit of a good varies with the quantity of the good produced.
AVC
Average Variable Cost, which is the total variable costs divided by the quantity of output produced.
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