Examlex
Which of the following statements is/are CORRECT?
1) For any element,the second ionization energy is larger than the first ionization energy.
2) Ionization energy is a positive value for all elements.
3) Ionization energy increases down a group of the periodic table.
Least-Cost Rule
A principle suggesting that the most efficient way to achieve a desired level of output is by minimizing the cost of input resources.
Unit Cost
The calculated cost to produce one unit of a product, taking into account all relevant production expenses.
Technological Advance
The progress in technological development that leads to more efficient processes, products, or services.
Productive Capital
Resources such as machinery, tools, and buildings used in production to generate wealth.
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