Examlex
Two characteristics that are especially important in influencing an innovation's rate of adoption are relative advantage and compatibility.
Inverted-U Theory
The idea that, other things equal, R&D expenditures as a percentage of sales rise with industry concentration, reach a peak at a four-firm concentration ratio of about 50 percent, and then fall as the ratio further increases.
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.
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