Examlex
System software includes both operating system software and utility software.
Production Costs
The total expense incurred in manufacturing a product or providing a service, including raw materials, labor, and overheads.
Marginal Revenue
The increase in revenue achieved by selling one additional unit of a product or service.
Economic Profits
Profits calculated by subtracting both explicit and implicit costs from total revenues, often representing the additional benefit over the next best alternative.
Industry Output
The total production or supply of goods and services produced within a specified industry over a given period of time.
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