Examlex
Oceanic ridges are lower than the surrounding ocean floor due to the warm, less dense oceanic crust found along the ridges.
Stackelberg Leader
A concept in game theory and economic models where one firm (the leader) sets its output or price before another firm (the follower), influencing the follower's decisions in a competitive market.
Marginal Cost
The rise in expenses related to the production of an additional unit of a product or service.
Industry Output
The total production of goods and services by all firms operating within a certain industry over a specific period.
Discount Sources
Various means or strategies by which buyers can obtain goods or services at reduced prices, such as coupons, clearance sales, or promotional codes.
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