Examlex
Coat color in mice involves the effects of multiple gene interactions.If a mouse has two recessive alleles (aa) for coat color, it will always be albino no matter what the genotype of other genes involved in coat color.This is an example of
Marginal Cost
The extra financial burden of producing an additional unit of a product or service.
Average Variable Cost
The cost per unit of output that varies with the level of production, excluding any fixed costs.
Learning-by-Doing
The process through which skill and efficiency are improved over time as a result of practice and experience.
Economies of Scale
The cost advantage that arises with increased output of a product, where the average cost per unit decreases as the scale of production expands.
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