Examlex
Which of the following terms indicates the tendency of individuals to spend less effort when working collectively?
Income Share
The proportion of total national or group income that is received by individuals, households, or classes of income earners.
Entrepreneurs
Visionary individuals who create, manage, and assume the risks of a new business venture, bringing new products or services to the market.
Production Innovations
Refers to new or improved methods of producing goods and services, which can increase efficiency and reduce costs.
New Products
Goods or services that have been recently introduced to the market, offering new features or benefits not previously available.
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