Examlex
One of the greatest disadvantages of database systems is that all data is always available to all users.
Entry Barriers
Obstacles that prevent or hinder new competitors from easily entering an industry or area of business.
Total Profit
The financial gain obtained by subtracting total expenses from total revenue generated from sales or operations.
MR
Marginal Revenue, the additional income that an organization earns by selling one more unit of a product or service.
MC
Marginal Cost; the additional cost incurred from producing one more unit of a good or service.
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