Examlex
What is the momentum of a photon of light that has a frequency of 2.8 × 1014 Hz?
Laws of Economics
Fundamental principles that govern economic behavior and interactions, such as supply and demand, cost-benefit analysis, and incentives.
Interest-Rate Cost-Of-Funds
The cost to banks or financial institutions of acquiring funds to lend, which can include interest paid on deposits or on borrowed funds.
Marginal Benefit
Additional value or satisfaction obtained by consuming an extra unit of a good or service.
Utility-Maximizing Rule
A principle in economics that states individuals allocate their resources to maximize their utility or satisfaction.
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