Examlex
All of the following statements about public relations are true except
Invention
The conception of a new product or process combined with the first proof that it will work.
Innovation
The process and outcome of creating something new or improved, including products, services, processes, or business models, that adds value.
Marginal Cost
The expense for creating a supplementary unit of a product or service.
Market Interest Rate
The prevailing rate at which borrowers are willing to borrow money and lenders are willing to lend in the financial market.
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