Examlex
_____ occurs when IT specialists within the company develop new systems.
Marginal Cost
The extra expense involved in creating an additional unit of a product or service.
Constant Marginal Costs
A situation where the cost of producing one more unit of a good or service remains unchanged regardless of the volume of production.
Marginal Cost
The rise in overall expenses associated with producing an extra unit of a product or service.
Marginal Benefit
The additional benefit received from consuming one more unit of a good or service.
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