Examlex
_________ supports the writing process by easing the logistical burdens of creating and, in many cases, reading text to facilitate editing and revising
Marginal
Term used to describe the effects of a change in the current situation. For example, a producer’s marginal cost is the cost of producing an additional unit of a product, given the producer’s current facility and production rate.
Average Increasing
A situation in which the average cost of production goes up as the quantity produced increases.
Long-run Average Total Cost
The average cost per unit of output produced over a period during which all inputs, including capital, are variable.
Diseconomies of Scale
The situation in which a business experiences an increase in average costs per unit when output is increased beyond a certain point.
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