Examlex
Using factor analysis,Raymond Cattell determined that there is a factor of general intelligence,or g,underlying all intelligent performance; each individual domain also has associated with it specific skills that he called s.
Normal Profits
The return to the business owners for the opportunity cost of their implicit inputs.
MRP
Marginal Revenue Product, a term in economics that represents the additional revenue generated by employing one more unit of a factor, such as labor or capital.
Investment
The allocation of resources, such as capital or time, in order to generate future profit or income.
Usury Laws
Statutes that set maximum interest rates that can be charged on loans, intended to protect consumers from excessively high rates.
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