Examlex
Fixed costs are those costs that remain fixed no matter how long the time horizon is.
Preconventional
A stage in Kohlberg's theory of moral development where an individual's sense of morality is externally controlled, guided by consequences of actions rather than internalized values.
Conventional
Adhering to established norms and standards, often reflecting the majority or traditional viewpoint.
Postconventional
A stage in Kohlberg's theory of moral development where the individual's sense of morality is defined by internal principles, and may not align with societal norms.
Alzheimer's Disease
A progressive neurodegenerative disorder characterized by cognitive decline, memory loss, and changes in personality, ultimately leading to severe impairment.
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