Examlex
The cost to research and develop,design and market new models would be considered a unit- level cost.
Salary Smoothing
A practice of adjusting salaries over time to stabilize employees' income, often to mitigate the impact of business cycle fluctuations.
Payroll Deductions
Amounts subtracted from an employee's gross pay for taxes, insurance premiums, or other benefits, leading to the net pay the employee receives.
Precommitments
Strategies or actions taken in advance to bind oneself to a specific course of action, often used to influence future decision-making or outcomes.
Present Consumption
The use of goods and services for immediate satisfaction or needs, as opposed to saving or investing for future use.
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