Examlex
When the p53 gene is overexpressed in normal cells,the cells are killed.
Long-Run Minimum Cost
The lowest cost at which a firm can produce any given level of output in the long run, when all inputs can be varied.
Average Total Cost Curve
A graph that shows the cost per unit of output at different levels of production, illustrating how average total cost changes with changes in output.
Short-Run
A period in which at least one of a firm's inputs is fixed and cannot be changed.
Average Fixed Cost
The fixed costs of production divided by the quantity of output produced, which decreases as production increases.
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