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What are the main differences between bills of exchange and promissory notes?
Marginal Benefit
The increase in satisfaction or utility one gets from the consumption of an additional unit of any good or service.
Marginal Cost
The raised expense resulting from the production of one additional product or service unit.
Optimal Amount
The most efficient level or quantity of a good or service to achieve a specific goal or maximize utility.
Concentration Ratios
Measures that indicate the degree of market concentration by showing the market share of the largest firms in an industry.
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