Examlex
Morphemes are:
Normal Return
The minimum profit necessary for a company to remain in business, often equated to covering opportunity costs.
Total Fixed Costs
The sum of all costs required to produce any output, assuming they remain constant regardless of the level of production.
Fixed Costs
are expenses that do not change in response to the level of goods or services produced by a business, like rent or salaries.
Variable Costs
Expenses that change in proportion to the production or sales figures.
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