Examlex
Why are we unable to see colors in very dim light?
Marginal Benefit
The additional benefit received from consuming or producing one more unit of a good or service.
Perfectly Elastic
A market scenario where the demand or supply responds infinitely to any change in price.
Optimal R&D
Refers to the ideal level of spending or investment in research and development activities that maximizes innovation benefits relative to costs.
Expected-Rate-Of-Return
The predicted amount of gain or loss an investment is expected to generate, expressed as a percentage.
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