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.
1 On December 19, 2014, the President signed into law H.R. 5771, the Tax Increase Prevention Act of 2014, which became Public Law 113-295. 2  The Senate passed the bill on December 16, 2014 without amendment, by a vote of 76-16. 3  The House of Representatives passed the bill on December 3, 2014.