Examlex
Explain why literature searches using general search engines like Google and Bing are poor foundations for scientific investigations.
Distribution
In statistics, the way in which values of a variable are spread or dispersed across possible values.
Contribution Margin
The amount remaining from sales revenue after all variable expenses have been deducted, indicating the contribution towards covering fixed costs and generating profit.
Scarce Resource
An economic term referring to a resource that has limited availability in relation to its demand, leading to allocation decisions.
Opportunity Cost
The cost of forgoing the next best alternative when making a decision.
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