Examlex
I prefer 10 apples and 6 oranges to 9 apples and 3 oranges. This is an example of
Increasing Rate
A situation where something grows or rises in value at a progressively higher pace over time.
Marginal Cost
The expenditure associated with creating another single unit of a product or service.
Average Variable Cost
The total variable costs of production divided by the quantity of output produced, illustrating the per-unit variable cost.
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