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"No additional cost" benefits are excluded from an employee's gross income if the services are the same type that are sold to customers and in the line of business in which the employee works.
MU ᵦ/P ᵦ Ratio
Represents the marginal utility of good B (MUᵦ) divided by its price (Pᵦ), used in consumer theory to analyze optimal consumption points.
TP or MP Curves
Total Product (TP) and Marginal Product (MP) curves are graphical representations in economics that illustrate the total output produced and the additional output from employing one more unit of a resource, respectively.
MR Curve
The marginal revenue curve, which shows how a firm's revenue changes with each additional unit sold.
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