Examlex
The symbols for the elements in the periodic table are derived from three languages. Which of the following is not one of those languages?
Law of Diminishing Returns
The principle that as investment in a single factor of production increases, holding all others constant, the incremental gains in output will eventually decrease.
Law of Diminishing Marginal Utility
states that as a person consumes more of a good or service, the utility (satisfaction) gained from each additional unit decreases.
Principal-agent Problem
A dilemma occurring when one person or entity (the agent), is able to make decisions on behalf of, or that impact, another person or entity: the principal.
Complementary Resource
A good or service that enhances the use or value of another good or service when the two are used together.
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