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A ____ total cost function implies that marginal costs ____ as output is increased.
Revised Act
An updated or modified version of a law or statute that reflects current needs and circumstances, incorporating new amendments or corrections.
Articles of Incorporation
Legal documents filed with a government body to legally document the creation of a corporation.
Director
An individual elected to sit on a board that oversees the policies and decisions of an organization or corporation.
Negligently Exceeded
Refers to a scenario where a person or entity surpasses a standard or limit in a careless or unintentionally harmful manner.
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