Examlex
When shown an image with an ambiguous figure and ground,such as the Rubin vase,we tend to perceive both possible interpretations simultaneously.
Average Total Cost
The total cost divided by the quantity of output produced; it is the sum of average fixed costs and average variable costs.
Marginal Cost
The extra cost incurred when one more unit of a product or service is produced.
Profit
The financial gain made in a transaction, calculated as the difference between the revenue earned and the costs incurred.
Drug Patent
Legal protection granted to the inventor of a new pharmaceutical, allowing exclusive rights to manufacture and sell the drug for a certain period.
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