Examlex
If there is a market outcome in which the marginal benefit to consumers of the last unit produced is equal to its marginal cost of production and consumer surplus plus producer surplus is maximised, then
Percent
A rate, number, or amount in each hundred; a fraction of a whole expressed in hundredths.
Billion Dollars
Billion Dollars represents a sum of one thousand million dollars, often used to describe the scale of government budgets or large company values.
Fiscal Quarter
A three-month period within a fiscal year used for financial reporting and forecasting.
Forecast Profit
An estimate of future financial gain or income, usually based on analysis of current and past trends.
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