Examlex
One of the nine muses of the arts is the muse of astronomy.
Metal Alloy
A substance composed of two or more metals or a metal and a non-metal, mixed together to attain desired physical or chemical properties.
Fixed Proportions
A production technology assumption where inputs must be used in constant, unchanging ratios to produce outputs.
Average Cost
The total cost of production divided by the number of units produced, representing the cost per unit of output.
Production Function
An equation that specifies the output that can be produced with different combinations of inputs or factors of production.
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