Examlex
The table below uses data for the year 2003 provided by the Bureau of Labor Statistics and adjusted to be comparable to U.S. data. All values are in thousands. Fill in the blank entries in the table.
Marginal Cost
The increased cost resulting from the production of an extra unit of a good or service.
Fourth Unit
A reference to a specific item in a series, often used in economic theories or models to discuss marginal utility or cost of an additional unit.
Marginal Revenue
The rise in income generated by selling an additional unit of a product or service.
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