Examlex
Cognitive bias is an attitude that includes a questioning mind and critical assessment of evidence.
Barriers to Entry
Obstacles that make it difficult for new competitors to enter a market, including high startup costs, legal restrictions, and strong brand identity.
Research and Development
Activities undertaken by companies or organizations to innovate and introduce new products or processes.
Revenue
The total amount of money generated from the sale of goods or services, before deducting any expenses.
Total Cost
The complete cost of production that includes both fixed and variable expenses incurred to produce a good or service.
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