Examlex
Which of the following is dependent on the maturation of the prefrontal cortex?
Law of Diminishing Returns
The principle that as investment in a single factor of production increases, holding all others constant, the incremental gains in output will eventually decrease.
Law of Diminishing Marginal Utility
states that as a person consumes more of a good or service, the utility (satisfaction) gained from each additional unit decreases.
Principal-agent Problem
A dilemma occurring when one person or entity (the agent), is able to make decisions on behalf of, or that impact, another person or entity: the principal.
Complementary Resource
A good or service that enhances the use or value of another good or service when the two are used together.
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