Examlex
On average,children gain _____ pounds per year during middle and late childhood.
Entrepreneur's Forgone Interest
The potential interest income sacrificed by an entrepreneur when choosing to invest personal funds into their own business rather than in an interest-bearing account.
Long-Run Average Cost
The per-unit cost of production in the long-term, where all input factors are variable, indicating economies or diseconomies of scale.
Upward-Sloping
Describes a line on a graph that demonstrates an increase in value as it moves to the right, often used to represent increases in costs or prices.
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