Examlex
A concave refracting surface is one with a center of curvature:
Consolidation
The joining of two or more organizations to form a new organization.
Economy-of-Scope
Economic efficiencies derived from variety, rather than volume, where producing a wider range of products can lead to lower average costs.
Economies of Scale
The cost advantage achieved when production becomes efficient, as the scale of the operation grows and the cost per unit of output decreases.
Real Estate Developer
An individual or company that builds or renovates buildings or land developments, managing the process from inception to completion.
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