Examlex
Who studied in Alexandria, was a mathematician, established the science of hydrostatics, and created many ingenious inventions but dismissed his practical inventions as unimportant?
Contracts
legally binding agreements between two or more parties that outline terms and conditions of a specific transaction or relationship.
Marginal Cost
The cost incurred to produce one additional unit of a good or service, critical for pricing and production decisions.
R&D
Research and Development, a business or governmental activity aimed at discovering new knowledge and its application.
Holdup
A situation in business where one party opportunistically takes advantage of another party because of preexisting commitments.
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