Examlex
At the consumer's optimum point, the marginal rate of substitution of apples for oranges is equal to the ratio of the price of oranges to the price of apples.
Core Capabilities
Fundamental skills, knowledge, and expertise that give an organization a competitive advantage in its field.
Global Licensing
A cross-border agreement that allows companies in different countries to use the properties (such as patents, trademarks, or technology) of another.
Turnkey Operation
A type of project that is constructed so that it can be sold or handed over to the buyer in a ready-to-use condition.
Chemical Factory
A facility where chemical processes are carried out, especially for manufacturing chemicals on a large scale.
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