Examlex
Res ipsa loquitur means "the thing has been decided."
Barriers to Entry
Factors that prevent or hinder new competitors from easily entering an industry or market, such as high startup costs, strict regulations, or control of key resources.
National Income
The total value of all goods and services produced by a country over a specific period, usually measured annually.
Wages and Salaries
The financial compensation received by employees for their labor, typically determined on an hourly, daily, or contractual basis.
Labor's Share
The segment of a country's income or production assigned to employees through wages, salaries, and perks.
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