Examlex
The interest-rate cost-of-funds curve is perfectly elastic because expected rates of return on R&D are constant.
Interest-Rate Cost
The cost associated with borrowing funds, typically expressed as a percentage of the total amount loaned.
Expected Rate
Expected rate often refers to the anticipated return on an investment or the predicted growth rate of an economic variable over a certain period.
Optimal Amount
The most efficient, beneficial, or ideal quantity of a good, service, or resource allocation under given circumstances.
Perfectly Elastic
Describes a situation in economics where the quantity demanded or supplied changes infinitely in response to any change in price.
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