Examlex
Please define the following key terms.
-Alexander VI
Marginal Cost
The incremental cost involved in manufacturing an additional unit of a good or service.
Marginal Benefit
The increased benefit or satisfaction experienced from consuming one additional unit of a product or service.
R&D Expenditures
The amount of money a company spends on research and development activities to innovate or improve its products or services.
Interest-Rate Cost-Of-Funds
The expense incurred by borrowers in order to access funds, determined by the interest rate.
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