Examlex
The meridian is half of an imaginary circle in the sky that passes through an observer's zenith and both celestial poles.
Marginal Rate
Typically refers to the rate at which one additional unit of something affects the overall outcomes, often used in contexts like marginal tax rate or marginal rate of substitution in economics.
Slope
A measure of the steepness, incline, or gradient of a line, usually calculated as the ratio of the vertical change to the horizontal change between two points.
Isoquant
A curve that represents all the combinations of two inputs that produce the same level of output in the production process.
Indeterminate
A condition or situation that is uncertain or not clearly fixed, often characterized by a lack of clear direction or outcome.
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