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DrAbraham Jacobi Focused Attention on Health Problems in Children and Made

question 33

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Dr.Abraham Jacobi focused attention on health problems in children and made a major stride toward their welfare by initiating:


Definitions:

Marginal Cost

The rise in cost due to the production of an extra unit of a product or service.

Marginal Benefit

Marginal benefit refers to the extra benefit received from the consumption or use of an additional unit of a good or service.

R&D Spending

R&D Spending refers to the money allocated by businesses or governments towards research and development of new products or services.

Interest-Rate Cost-Of-Funds

The interest rate that banks and other financial institutions charge each other for loans, often used as a benchmark for other interest rates.

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