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.
More Than Shipping > Blog > Regulations > What Is General Rate Increase (GRI)? GRI (General Rates Increase) is the average amount by which Carriers tariff rates increase applied to base rates. In a stable market, GRI apply on contract sales once a year at the end of the year. However we have faced 13 GRIs on 2012 which makes more than one increase in each month and 5 GRIs in the first half of 2013.