Examlex
The effect of a change in the value of the dollar in the foreign exchange market due to a change in the price level helps explain the slope of aggregate demand, but does not shift it. The effects of a change in the value of the dollar in the foreign exchange market due to speculation is shown by shifting the aggregate demand curve.
Marginal Cost
The rise in overall expenses resulting from the production of an additional unit.
Marginal Revenue
The additional income from selling one more unit of a good; it is the change in total revenue from an additional unit sold.
Competitive Price-searcher
A market participant that actively seeks out and compares prices in order to find and exploit competitive price advantages.
Marginal Revenue
The revenue gain from selling one more unit of a good or service.
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