Examlex
A ______ equilibrium is a situation in which no player in the game has an incentive to change his or her strategy unilaterally.
Opportunity Costs
The value of the best alternative forgone when a decision is made to pursue a particular action or investment.
Tangible Costs
Direct costs associated with the production or purchase of a good or service that can be easily quantified.
Value
The importance, worth, or usefulness of something to a person or in the market.
Quality
The degree to which a product or service meets or exceeds customer expectations in terms of reliability, design, functionality, durability, and satisfaction.
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