Innovation is the act of generating an idea for a new product.
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Q47: Discounting or computing present value is a
Q48: Invention is the act of generating a
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Q50: The marginal productivity principle demonstrates that distribution
Q51: Discounted cash flows shows that dollars received
Q53: Profit is the return to entrepreneurship.
Q54: Economic rent is the amount of money
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Q57: The marginal productivity principle has some relevance
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