Define exemplify. exemplify synonyms, exemplify pronunciation, exemplify translation, English dictionary definition of exemplify. tr.v. exÂ·emÂ·pliÂ·fied , exÂ·emÂ·pliÂ·fyÂ·ing , exÂ·emÂ·pliÂ·fies 1. a. To illustrate by example: exemplify an argument. b. To serve as an example of: scenes that...
The law of increasing costs, a commonly held economic principle, states that an operation running at peak efficiency and fully utilizing its fixed-cost resources, will experience a higher cost of production and decreased profitability per output unit with further attempts at increasing production.
This is actually known as the âgross marginâ but prevents sellers from sounding greedy to their customers. This method divides the increase in price by the retail price. For example, a retail price of $2.54 minus the total cost of $2 gives $0.54. Dividing $0.54 by $2.54 produces a markup of 21 percent.his method divides the increase in price by the retail price. For example, a retail price of $2.54 minus the total cost of $2 gives $0.54. Dividing $0.54 by $2.54 produces a markup of 21 percent.