Examlex
The first intellectual spurt occurs at age 3.
Marginal Benefit
The surplus benefit or joy experienced upon consuming an additional unit of a good or service.
Expected Profit
The anticipated return on an investment or business venture after considering all relevant costs and revenues.
Optimal R&D
The most efficient level of investment in research and development activities that maximizes the benefits from new knowledge and products.
Expected Rate Of Return
The estimated gain or loss of an investment over a given period, expressed as a percentage.
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