Examlex
What is the MATLAB command for calculating the square root of a number?
R&D Expenditures
Financial investments made by firms, governments, or institutions in research and development activities aimed at innovation, creating new products, or improving existing ones.
Industry Concentration
A measure of the extent to which a small number of firms dominate the total production, sales, or market share in an industry.
Pure Competitors
In a purely competitive market, companies sell products that are perfect substitutes for one another, leading to no control over market prices by individual firms.
R&D
Short for Research and Development, it refers to the activities undertaken by companies and organizations to innovate and introduce new products or services.
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