Examlex
All Democratic primary delegates are allocated proportionally.
Productive Efficiency
Achieved when goods or services are produced at the lowest possible cost and utilizing resources in the best way possible.
Average Total Cost
The total cost of production divided by the quantity of output produced, showing the average cost per unit.
Technological Advance
Progress in technology that often leads to improvements in efficiency, productivity, and the development of new products.
Venture Capital
Financing that investors provide to startup companies and small businesses that are believed to have long-term growth potential.
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