Examlex
Explain why adopting the assumption of the active organism was such an important change, or turning point, in the historical thinking about motivation.
Allocatively Efficient
A state of resource allocation in which it is impossible to make any one individual better off without making someone else worse off.
Socially Optimal Price
The price of a good or service that reflects the external costs and benefits to society, aiming to achieve the most efficient allocation of resources.
Big Data
Extremely large data sets that may be analyzed computationally to reveal patterns, trends, and associations, especially relating to human behavior and interactions.
Reservation Price
The maximum or minimum price at which a consumer is willing to buy or sell a good or service.
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