Examlex
____ percent of soldiers returned from fighting in Vietnam were regular heroin users.
Interest Rate
The expense associated with taking out a loan or the earnings from investments, usually shown as a percent of the total amount invested or borrowed.
Specialization
The process of focusing effort and resources on a limited number of activities to gain efficiency or expertise.
Average Cost
The total cost of production divided by the total quantity produced, representing the cost per unit of output.
Diminishing Marginal Productivity
A principle in economics that indicates that as one inputs more of a factor of production while holding other factors constant, the additions to output will eventually decrease.
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