Examlex
Even structural-functionalists admit that social change does not always occur smoothly.
AVC Curve
The average variable cost curve, which shows how the unit variable cost of production changes with the level of output.
Profit-Maximizing
The process or strategy of adjusting production and pricing to achieve the highest possible profit margins for a business or firm.
Firm
A business organization that sells goods or services in order to make a profit.
Marginal Revenue
Extra earnings received from disposing of an additional unit of a good or service.
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