OFF-PEAK Definition

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OFF-PEAK is not in the period of most frequent or heaviest use: lower rates for telephone calls made during off-peak hours; travelers who take advantage of off-peak fares. See PEAK.

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MARGINAL REVENUE is the change in total revenue as a result of producing one additional unit of output.

EXPENDABLE is something that can be used and discarded without hurting the end product or the companys viability.

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