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What is the Marshall-Lerner Condition and how is it used?
Innovation
The act of introducing something new or developing an improved version of a product, service, or process.
Invention
The creation of a new product, process, or idea that did not exist previously.
Production Process
The method or series of actions taken to manufacture, create, or produce goods and services.
Basic Scientific Research
Fundamental investigations aimed at acquiring new knowledge without a particular application or use in mind.
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