Examlex
Each category of information in a database is called a(n) ____.
Marginal Cost
The cost incurred by producing one additional unit of a product or service, crucial for decision-making in production and pricing strategies.
Marginal Benefit
The additional satisfaction or value obtained from acquiring one more unit of a product or service.
Expected Total Return
The sum of all anticipated earnings from an investment, including capital gains, interest, and dividends, over a specified period, reflecting its potential profitability.
Optimal R&D
The most efficient level of investment in research and development activities where marginal cost equals marginal benefit.
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