Examlex
If an administrator engages in institutional racism he or she is is able to apply which of the following?
Marginal Cost
The expense associated with manufacturing an extra unit of a product or service.
Marginal Revenue
The increase in revenue that results from the sale of one additional unit of a product or service.
Positive Profit
Positive profit occurs when a business's total revenues exceed its total costs, indicating financial gain from its operations.
Marginal Costs
Relates to the additional expenses faced when a business decides to increase its output or product quantity by one more unit.
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