Examlex
Studies of cognitive style and leadership suggest that
Incremental Costs
The additional costs incurred when increasing the level of an activity or output by one unit.
Production Capacity
The maximum output that a manufacturing facility can produce under normal working conditions.
Opportunity Costs
The value of the best alternative forgone as a result of making a decision.
Widgets
A generic term used to refer to a hypothetical manufactured product or any small device or gadget.
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