Examlex
Costs that are proportional to the amount of units produced, such as materials and labor, are
Method of Residues
A scientific and logical method where the known causes of a set of phenomena are subtracted to reveal the remaining causes.
Method of Residues
A method of scientific reasoning where one deducts from a complex set of phenomena the parts already explained, in order to isolate the remainder for new analysis.
Necessary Condition
A prerequisite that must be present for a certain effect or outcome to occur.
Sufficient Condition
A condition that, if satisfied, guarantees the occurrence or truth of another condition but isn't necessarily required for the latter's occurrence.
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