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"If all the matter in the universe except the were swept away,our world would still be dimly recognizable,and if,as disembodied spirits,we could then investigate it,we should find its mountains,hills,vales,rivers,lakes,and oceans represented by a film of.The location of towns would be decipherable,since for every massing of human beings there would be a corresponding massing of certain.Trees would still stand in ghostly rows representing our streets and highways.The location of the various plants and animals would still be decipherable,and,had we sufficient knowledge,in many cases even their species could be determined by an examination of their erstwhile parasites." The missing term in this passage is
Salaries Increase
A salaries increase refers to the rise in the amount of money paid to employees for their work, often as a result of negotiations, performance evaluations, or inflation adjustments.
Economies of Scale
The cost advantage that arises with increased output of a product, where costs per unit decrease due to efficiencies gained from larger scale operations.
Long-Run Average Cost Curve
A curve showing the lowest possible cost at which a firm can produce any given level of output in the long run when all inputs are variable.
Downward Sloping
Describes a line or curve on a graph that shows a decrease in value as it moves from left to right, often used in economics to describe how changes in price affect demand.
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