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Explain How,at a Glance,it Appears That Life Must Violate the Laws

question 16

Essay

Explain how,at a glance,it appears that life must violate the laws of thermodynamics.Provide a brief explanation on how life does NOT violate these rules.


Definitions:

Short Run

A period in which at least one of a firm's inputs is fixed, limiting its capacity to adjust its output levels.

Long Run

A period of time in which all factors of production and costs are variable, allowing firms to adjust all inputs.

Marginal Cost

The cost of producing one additional unit of a good or service.

Marginal Revenue

The additional income that an organization receives from selling one more unit of a product or service.

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