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Home > Terms > Armenian (HY) > աճող ծախս
աճող ծախս
1. Referring to a single firm or industry, the rise in cost of production that occurs when output is increased by expanding variable inputs while holding some fixed input constant. A corollary of the Law of Diminishing Returns. 2. In general equilibrium, increasing opportunity cost.
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- Actividade/ Sector: Economy
- Category: International economics
- Company: University of Michigan
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