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Identify/define and explain the significance of the following: ius gentium.
Wages And Rents
Payments made to workers for their labor and to property owners for the use of their property, respectively.
Diminishing Returns
Diminishing returns refer to a point at which the level of profits or benefits gained is less than the amount of money or energy invested.
Rental Price
The cost of leasing or renting a property or equipment, typically expressed on a monthly or yearly basis.
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