Create presentation slide or graphic with description

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Reference no: EM131253103

Below are the list of 12 key terms provided. Create a presentation slide(s) or graphic with a description – including a real world example – that could be used to describe the term to someone unfamiliar with the idea or concept.

Diminishing marginal returns

Average total cost (ATC)

Marginal cost (MC)

Operating leverage

Short run

Operating period  

Long run or planning period

Economies of scale

Diseconomies of scale

Constant returns to scale

Economies of scope

 

Experience or learning curve

Reference no: EM131253103

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