Examlex
In his comparison of rural and urban communities, Redfield found that cultural innovations spread from urban areas to rural ones.
Marginal Cost
The increased expenditure resulting from manufacturing one more unit of a good or service.
Declining
A term describing a situation where a certain quantity or quality is decreasing over time.
Marginal Cost
The additional expense associated with manufacturing one more unit of a specific item.
Marginal Product
The additional output that is produced by adding one more unit of a specific input, ceteris paribus.
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