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Is value maximization always ethical?
Firms' Revenues
The total income generated by businesses from selling their goods or services before any expenses are deducted.
Personal Savings
The portion of an individual’s income that is not spent on consumption and is set aside for future use, typically in a savings account or investment.
Marginal Cost
The increase in cost that arises from producing one additional unit of a product or service.
R&D Financing
The process of funding research and development activities, typically involving significant investment in innovation and technology to spur growth and competitive advantage.
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