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.
Once again we have estimated the costs under two scenarios. In the conservative case, the adjustments add $187 bn onto to budgetary cost â raising the cost to $839 bn, even when subtracting the entire cost of interest payments. In the moderate case, the economic adjustments increase costs by $305 bn.