Examlex
Central to agency theory is the relationship between two primary players,the principals (stockholders)and agents (management).
Marginal Utility
The additional satisfaction or benefit received from consuming one more unit of a good or service.
Perfect Substitutes
Items or services that can replace each other without any decrease in value or enjoyment for the user.
Utility per Dollar
A metric assessing the amount of utility or satisfaction a consumer receives per dollar spent on a good or service.
ADH
Antidiuretic Hormone, a hormone that helps to control the balance of water in the body by affecting the kidneys.
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