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Online dating services are a network good.
Cost Curve
A graphical representation showing how the cost to produce a given quantity of goods varies.
Cost Curve
A graphical representation showing the cost of producing different levels of output.
Economies of Scale
The reduction in the cost per unit that companies experience as a result of their large scale of operations, usually seeing these expenses decrease as the scale grows.
Diseconomies of Scale
An economic concept where, beyond a certain point, an increase in the scale of production leads to a rise in average costs per unit due to inefficiencies.
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