Examlex
The correlation between the emotional demands of jobs and compensation is high.
Opportunity Cost
The cost of forgoing the next best alternative when making a decision. It represents the benefits an individual, investor or business misses out on when choosing one alternative over another.
Implicit Rate
The implied rate of return that is not explicitly stated, often used in the context of comparing the cost of borrowing to the rate of return on investments.
Equity Capital
The amount of money that is invested in a company by its owners, in exchange for ownership interest or shares.
Economic Profit
The surplus remaining after deducting total costs from total revenues, including both explicit and implicit costs, and representing a measure of economic efficiency.
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