Examlex
The spiral of silence theory suggests that people may perceive they hold a minority opinion and may choose to remain silent in a group such as a focus group.
Optimal Point
The most favorable position or condition that yields the maximum benefit or efficiency in a given situation, such as in investment or production.
Credit Policy
Rules a business adheres to for assessing a customer's eligibility for credit and the stipulations under which it is offered.
Opportunity Cost
The most valuable alternative that is given up if a particular investment is undertaken.
Incremental Cost
The additional cost incurred to produce one more unit of a product or service.
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