In Pakistan, a minor cannot open a bank account on their own, but they can have a joint account with their parent or guardian.
Banks generally have age restrictions for opening bank accounts, with some requiring the account holder to be at least 18 years old, while others allow minors under 18 to open an account with the permission of a parent or guardian.
A minor account is a type of account that can be opened for a child below 18 years of age. The account will be opened jointly with the parent or guardian, who will act as the account holder, and the child will be added as a joint account holder.
The parent or guardian is responsible for managing the account and making transactions on behalf of the child.
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what primary strategic planning tool do companies rely on to direct and coordinate marketing efforts? multiple choice question.
The primary strategic planning tool that companies rely on to direct and coordinate marketing efforts is a marketing plan. Here option A is the correct answer.
A marketing plan is a document that outlines a company's overall marketing strategy and details the specific tactics and actions that will be taken to achieve marketing goals.
It generally includes information on target market segments, competitive analysis, positioning, marketing mix (product, price, promotion, place), and a budget and implementation schedule.
A marketing plan is a comprehensive document that lays out a clear roadmap for the company's marketing efforts and ensures that all marketing activities are aligned with the company's overall strategic goals. It is an essential tool for directing and coordinating marketing efforts, and it is used by companies of all sizes and in all industries.
Complete question:
What primary strategic planning tool do companies rely on to direct and coordinate marketing efforts? multiple choice questions.
A - Marketing planning
B - Design planning
C - Sales planning
D - Customer planning
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What taxes do you not pay in New Hampshire?
Both a state and local sales tax are not imposed in New Hampshire. On our index of the state business tax climate for 2022, New Hampshire's tax structure comes in sixth overall.
How do state sales taxes work?The average state's sales tax is between 4% and 7%. A state's average sales tax is 5.09%. The fact that 18 states fall below this average and 32 states fall above it suggests that the few states with 0% sales taxes help to lower the average.
Only one state, California, which also happens to be the one with the greatest population, has a sales tax that is higher than 7%. Six states have a sales tax that is less than 4%. The sales tax rate in Colorado is 2.9%. Oregon, New Hampshire, Montana, Delaware, and Alaska are the other five states with no state sales tax.
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What two principles did adam smith believe essential to the survival of an economy?
The two principles which the Adam Smith believed to be essential to the survival of an economy are self-interest and competition.
The self-interest and competition are considered to be very important economic forces. As, self-interest is considered to be the motivator of economic activity. Whereas, the competition is considered to be the regulator of economic activity.
However, together they tend to form what Adam Smith called the invisible hand, and then which guides resources to their most valued use. Thus, Adam Smith was among the first philosophers of his time in order to declare that the wealth is created through the productive labor, and self-interest motivates people.
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In a legal sense, property refers to a resource over which an individual or a business holds a legal title. It is a resource that it owns. Countries differ in the extent to which their legal systems define and protect property rights, even those countries that are still nominally communist states. Property rights can be violated, sometimes by governments and sometimes by individuals or groups.
Private actions in terms of property rights and legal protections, these are actions that result from individuals or corporations that are not in the public domain
What is the property right?This right is based on the space that regulates the different forms of property in real estate and personal property. Ownership refers to legally protected claims to resources, such as land and personal property, including intellectual property.
The right of property is guaranteed. Every person has the right to use, enjoy and dispose of his assets. The property will be subject to the contributions, restrictions and obligations established by law for purposes of public utility or general interest.
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even if the economy is declining, the financial market can still do well.
Even if the economy is declining, the financial market can still perform well. This statement is correct.
The performance of the economy and the financial market is not always directly correlated. The economy refers to the overall health of a country's production, trade, and services, and it is measured by indicators such as gross domestic product (GDP), unemployment rate, and inflation.
The financial market, on the other hand, refers to the buying and selling of stocks, bonds, and other securities, and it is measured by indicators such as stock market indexes and interest rates.
During an economic downturn, the stock market can still perform well due to several factors such as low-interest rates, company earnings, and investor sentiment.
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You are the CEO of a large school bus company. You just figured out that you have to let one of your drivers go. You want to use the objective criteria of on-time performance to decide which of your two most recent hires to lay off. Suppose the two most recent hires were both an average of five minutes late. What kind of additional information might help you decide which driver to lay off
In this scenario, additional information that might help you decide which driver to lay off could include the individual reasons for why each driver was late.
For example, one driver may have been late due to traffic, while the other driver may have been late due to personal issues. Knowing the individual reasons why each driver was late could help you understand who is more likely to be consistently late, and therefore should be laid off. Additionally, you could look at other criteria such as the drivers' customer service ratings or safety records in order to make a more informed decision.
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how does event marketing differ from sport marketing?
Sports marketing is different from event marketing because it focuses more on businesses and corporate sponsorships and is widespread.
What distinguishes sports management from sports marketing?The fact that management involves internal day-to-day operations, whereas marketing places an emphasis on working with the public, is a significant distinction between sports marketing and sports management.
What exactly is a company that manages sports marketing and events?Employers in Sport Marketing The business focuses on sponsorship sales, event management, media production, product licensing, athlete training, and professional athlete representation.
How should sports and entertainment events be promoted?Sports marketing is a subfield of marketing that focuses on both promoting other products and services through sports teams and events that are geared toward customers and fans and promoting sports events.
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because creditors can foresee, to at least some extent, the costs of bankruptcy, they charge a higher rate of interest to compensate for the present value of bankruptcy costs. group of answer choices true false
Financial leverage has an impact on both EPS and EBIT, but operating leverage has an impact only on EBIT. Because creditors may anticipate, to some extent, the expenses of the bankruptcy, they impose an interest rate that includes a premium to account for the present value of bankruptcy costs. It is true.
What exactly is leverage?Leverage is an approach that involves borrowing money to acquire something in the hope that future earnings will be many times greater than the cost of borrowing. Because successful leverage converts the relatively little amount of money required for borrowing into significant quantities of profit, it is called a lever in physics, which amplifies a tiny input force into a higher output force. However, the strategy has a great danger of not being able to repay a huge debt. Typically, a lender will establish a limit on how much risk it is willing to accept and how much leverage it will allow, and will demand the purchased asset to be used as collateral security for the loan.
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broker tom sold a property which was listed w/ broker alice. tom was unable to attend the closing, so alice collected the entire commission. alice refused to pay tom his share of the commission. what could alice be charged with?
Alice could be charged with breach of fiduciary duty. A fiduciary duty is a legal obligation to act in the best interests of another party.
What is legal obligation?A legal obligation is an enforceable duty recognized by the law. This duty may be the result of a contract, a court order, or a particular law. A legal obligation obligates an individual or entity to do or not do something, and failure to comply can result in civil or criminal penalties. Generally speaking, a legal obligation must be fulfilled by a specific date and the failure to do so will result in a breach of the obligation. In a contractual context, breach of a legal obligation can result in the other party being able to terminate the contract or seek damages for the breach.
By refusing to pay Tom his share of the commission, Alice is failing to abide by her duty to act in Tom's best interests.
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economic growth usually can be achieved without investing in new resources. True/False ?
False, Without putting money into new resources, economic progress is impossible.
Economic growth is how a country's wealth develops over time. Although it is frequently used in talks about short-term economic performance, the phrase primarily refers to a growth in wealth over a long period of time in the context of economic theory.
A country's economy is said to be growing when the value of its goods and services rises, generating more revenue for companies.
Consequently, stock prices increase. This provides businesses with money to expand and recruit more workers.
Human development will inevitably advance if the nation's economy does as well. Similar to this, a nation's citizens will advance its general development if they are making progress. Consequently, economic growth and development are linked.
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what would you do if you had one year left to live, and guaranteed success in anything you decided to do?
I'd write fiction. That has been my lifetime desire, so it would be fantastic if I could be confident of success. It would also help me with my income strategy.
What exactly is the growth with income strategy?A growth and income fund is a type of mutual fund or exchange-traded fund (ETF) that combines capital appreciation (growth) with current income provided by dividends or interest payments. A growth and income fund may exclusively invest in stocks or in a mix of stocks, bonds, real estate investment trusts (REITs), and other assets.
A growth and income fund is a hybrid fund that invests in both growth and value equities.
A growth and income fund is a mutual fund or ETF strategy that tries to provide investors with a complete return that includes capital gains and current income.
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which of the following is an indirect cost? a.the cost of denim in a jeans factory b.the cost of mixing labor in a factory that makes over-the-counter pain relievers c.the cost of bottles in a shampoo factory d.the cost of restriping the parking lot at a perfume factory e.all of these.
Indirect cost is any cost that the firms cannot count for a certain business objective, service, project, or activity. rather, this expense incurred helps achieve more than one business motive at a time, and so it cannot be directly linked to any one particular cost object.
Some examples of such costs are office expenses like, salary paid to administration or labor, sales promotion expenses, security and supervision expenses, etc.
Indirect costs are study fixed as they do not change with the increase or decrease in the number of products to be produced.
Calculating the indirect cost rate helps companies' quantity out how much they have spent covering the indirect expenses.
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What are the two ways that investors can make money from stocks?
The two ways that investors can make money from stocks is that from owning the shares of the stock- dividends and capital appreciation.
The stocks are considered to be the shares of ownership in publicly traded companies. Companies issue them on the stock exchanges in order to raise money, at which point the investors tend to buy and sell them based on their potential to go up in value or pay dividends.
However, buying and holding stocks can thus help you grow your wealth and also reach your long-term financial goals. So, If your business is considered to be a corporation, then all of its profits essentially belong to the shareholders.
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What are the three factors of production and how do they create goods and services?
Three factors of production are land, capital, and labor. Land provide the raw material. Labor are the work to convert raw materials into goods and services. Capital provide tools and environment for production.
Factors of production are the resources that serve as the foundation of the economy system.
Factors of production are what we use to create commodities and services. Factors of production can be categorized as: land, capital, labor, and entrepreneurship.
Land covers any natural resource utilized to produce commodities and services.
Example of land as a factor of production are: oil, water, natural gas, copper, gold, coal, and forests. Land is considered as a raw material in factor of production.
Labor is the work that people put in to produce commodities and services. Example of labor resources are the waiter who brings your lunch at a local restaurant and the engineer who created the bus which transports students to school. It comprises the work of an artist who created an artwork as well as the effort of the pilot who flew the airplane overhead.
Capitals are the machinery, tools, and structures that humans employ to produce products and services.
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what is recorded in the general amount columns of the cash payments journal?
Answer:The columns include the date of each cash payment, the details of the other ledger account impacted, the check number issued by the business, the total amount of the cash paid, the credit-control account, which shows the amount deducted from the creditor's account, taxes paid, and special columns that identify the type
Explanation:
In Figure 4.8, how has demand for baseball cards
changed at each of these prices: $20, $30, and $40?
As per the law of demand in economics, as price of the commodity increases the quantity demanded decreases and vice versa.
What is economics?Economics is a social science that aims to understand and describe how wealth is produced, distributed, and consumed. In the 19th century, economists wrote about economic policy but were infrequently consulted by lawmakers before choices were made.
Nowadays, it is rare to find a government, an international organization, or a sizable commercial bank without a staff of economists. The Wealth of Nations is primarily a work about economic progress and the laws that can either help or hurt it, as the title suggests.
The book provides a practical refutation of the mercantilists' protectionist ideologies as well as an argument in favor of free trade. Instead, they were the pastime of gentlemen of leisure and the profession of a select few academics.
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What does the term marginal mean Mcq?
In the economics context, the term marginal means "additional".
In the context of economics, the term marginal is used to mean having a little more or a little less of something. It is referred to the effects of consuming and/or producing one extra unit of products or services. The marginal advantage is the change in total private advantage from one extra unit.
So in economics, the term marginal means "additional"; and it is used to refer to the change in some cost or benefit when an additional unit is produced.
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What is the first step in the rational decision-making model?
A) developing alternatives
B) defining the problem
C) identifying the decision criteria
D) weighing the decision criteria
E) collecting relevant data
The first step in the rational decision-making model is to defining the problem. This includes understanding the context of the problem and the implications of the decision.
It also involves gathering relevant information and data to help define the problem. This may include surveying the situation, understanding the stakeholders and assessing the current environment. Once the problem is defined, it is important to determine the decision criteria that will be used to evaluate the various alternatives. Finally, gathering relevant data is essential to aid decision making. According to the rational model of decision making, individuals can make sound decisions based on evidence.
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how long does it take for tax refund to show in bank account after approved? We issue most refunds in less than 21 calendar days. However, if you filed on paper and are expecting a refund, it could take six months or more to process your return.
The majority of refunds are processed with less than 21 days, you can check on the status of your tax refund 24 hours following electronically submitting your return. Timelines may possibilities on your delivery choice.
What is tax refund and its time duration of approval?Tax refunds are payments granted to taxpayers for any excess taxes they have overpaid to the state or federal government.
While refunds are frequently seen by taxpayers as a windfall or a lucky break, they frequently represent what amounts to an interest-free payment that the taxpayer paid to the government.
It normally takes the IRS 24 to 48 hours to accept the return when you submit electronically.As soon as the IRS accepts your return, you are on its refund schedule.The IRS normally issues refunds in fewer than 21 days following the acceptance of your electronically filed return.Starting 24 hours when you e-file, you can check the status of your return using the IRS . service or by calling the IRS at 800-829-1954. As soon as the tax return accompanying refund are authorised, the IRS will announce an exact refund date.To know more about the tax refund, here
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The correct question is-
how long does it take for tax refund to show in bank account after approved?
checking your credit report regularly can help you spot signs of
Answer:
identity theft
Explanation:
Checking your credit report regularly can help you spot signs of identity theft.
the video from monash university offers advice on how to improve your skills and also find a good career match. what three things do they recommend you get involved in?
The three they recommend are Networking, Professional Development and Volunteering.
1. Networking: Monash University recommends getting involved in networking opportunities, such as attending industry events, joining professional organizations, and using online resources to connect with professionals. This will help you gain valuable insights into the various career paths available and help you identify potential employers.
2. Professional Development: Monash University recommends engaging in professional development activities, such as taking online courses, attending seminars, and participating in workshops. Doing so will help you stay up-to-date on the latest trends in your industry and equip you with the skills necessary to stay competitive in a job market. Ad
3. Volunteering: Monash University also recommends volunteering in a field related to your career goals. This will not only allow you to gain valuable experience, but it can also help you build relationships and make contacts in your desired field.
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gertie and nate are planning to open a small landscaping company. they intend to use the equity in their home to secure a business loan from the bank. their home is an example of:
The answer is Equity Loan and also referred to as a second mortgage.
What is Equity Loan?
One kind of consumer debt is a home equity loan, sometimes referred to as an equity loan, home equity instalment loan, or second mortgage. Homeowners can borrow money using home equity loans as collateral. The difference between the home's current market value and the homeowner's outstanding mortgage balance determines the loan amount. Home equity loans often have fixed rates, but home equity lines of credit (HELOCs), the traditional substitute, typically have variable rates. A home equity loan, also referred to as a second mortgage or a home equity instalment loan, is a form of consumer debt. Homeowners can use home equity loans to borrow money against the value of their property. The amount of a home equity loan is determined by the discrepancy between the home's current market value and the homeowner's outstanding mortgage. Fixed-rate loans and home equity lines of credit are the two types of home equity loans available (HELOCs).
While HELOCs give borrowers ongoing lines of credit, fixed-rate home equity loans give borrowers a single lump payment.
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the following table contains financial statement information for walmart inc. $ millions total assets net income sales equity 2018 $285,084 $8,271 $561,362 $94,245 2017 265,879 12,229 545,337 101,230 2016 258,473 16,917 529,449 101,137 a. compute return on equity (roe) for the two recent years. b. compute return on assets (roa) for the two recent years. c. compute profit margin (pm) for the two recent years. d. compute asset turnover (at) for the two recent years. round roe, roa and pm to one decimal place (example: 0.2345
The answer to the give question is as follows: a. Return on Equity (ROE): 2018: ROE = Net Income/Equity = 8,271/94,245 = 0.087
2017: ROE = 12,229/101,230 = 0.121
b. Return on Assets (ROA):
2018: ROA = Net Income/Total Assets = 8,271/285,084 = 0.029
2017: ROA = 12,229/265,879 = 0.046
c. Profit Margin (PM):
2018: PM = Net Income/Sales = 8,271/561,362 = 0.015
2017: PM = 12,229/545,337 = 0.022
d. Asset Turnover (AT):
2018: AT = Sales/Total Assets = 561,362/285,084 = 1.97
2017: AT = 545,337/265,879 = 2.05
To sum up, stocks are referred to as equities because they signify ownership in businesses. They give investors the opportunity to profit from growth while also taking on risk when the economy falters.
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The chester company has just purchased $40,900,000 of plant and equipment that has an estimated useful life of 15 years. Suppose at the end of 15 years this plant and equipment can be salvaged for $4,090,000 (1/10th of its original cost). What will be the book value of this purchase (excluding all other plant and equipment) after its first year of use? use generally accepted (fasb) accounting principles.
While the estimated useful life of the $40,900,000 in plant and equipment is predicted to be 15 years, the anticipated salvage value beyond that time is $4,090,000.
What types of tools spring to mind?
Equipment comprises items like computers, vehicles, and production equipment. They are distinct from intangible assets (such as patents, trademarks, or copyrights) since they are tactile due to their physical form. They are the simplest systems capable of using mechanical advantage or leverage to increase force. Simple machines include the wheel and axle, inclined plane, lever, wedge, pulley, and screw. simple machines The uncountable word equipment, like as tools or clothing, is what we mean when we say "the set of items you require for a specific function": fresh bedding and other
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How does the use of new technology in industry benefit producers more so than consumers producers can purchase services online?
Producers are able to order services online. Producers have access to items around-the-clock. Firms are readily accessible to producers producers profit from the usage of modern technologies in industry
In the field of economics, profit is defined as the difference between the income produced by an economic entity's outputs and the total of its input expenses. Total income less total expenses, which includes both direct and indirect expenses, is what it amounts to. It differs from accounting profit in that the latter only applies to costs that are clearly listed on a company's financial statements. Accounting profit is determined by deducting all explicit expenditures from the company's total revenue. An economist considers all expenses, both explicit and implicit, while analyzing a firm. Along with traditional profit, economic profit is frequently taken into account. The phrase "normal profits" in business refers to a situation where a company makes income
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traditionally, lenders' qualifying mortgage rules use a range of percentages to qualify for both the housing debt-to-income ratio and the total debt-to-income ratio. what are those ratio ranges?
Traditionally, lenders use a range of percentages to qualify borrowers for a mortgage loan. These ratios are known as the housing debt-to-income ratio (front-end ratio) and the total debt-to-income ratio (back-end ratio).
What is debt?Debt is an amount of money that is owed by an individual or organization to another entity. It can take many forms, such as loans, mortgages, credit card balances, and other financial obligations.
The housing debt-to-income ratio, also known as the front-end ratio, is the percentage of a borrower's monthly income that goes towards housing expenses, including mortgage payments, property taxes, and insurance. The standard range for this ratio is typically 28% to 33%, however some lenders have a more conservative range of 25-28%.
The total debt-to-income ratio, also known as the back-end ratio, is the percentage of a borrower's monthly income that goes towards all debt payments, including housing expenses, credit card payments, car loans, and any other outstanding debts. The standard range for this ratio is typically 36% to 43%, but some lenders may have a more conservative range of 35-38%.
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What are the 3 types of command?
Both socialism and communism are kind of command economies. A command economy is like a tree trunk, while socialism and communism are their distinct branches. In all these, the government controls enterprises, resources, and economic movement in the country.
All have central planning, also. However, there are slight differences between them. In socialism, everything is regulated by the government. The people and government have a common purpose, which is typically social welfare. Profits in socialism are allocated according to people's contributions. In communism, everyone collectively holds the land and money, and the output is circulated equally. Command economy is an umbrella term for any controlled economic approach - it surrounds both socialism and communism.
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what is the major difference between an attraction and entertainment?an attraction offers retail services.an attraction offers retail services.an attraction always requires a paid admission.an attraction always requires a paid admission.an attraction can be part of a travel package.an attraction can be part of a travel package.an attraction is offered year-round.an attraction is offered year-round.
The main difference in attraction to entertainment is c. Attractions may be part of a travel package.
Travel packages incorporate attractions that draw customers to tourist attractions.
Attractions are additional packages that attract customers and make them return to the organization for similar treats in the future.
Customers also find these attractions to be good value for money. Attractions cannot:
-provide retail services.
-always demand an entrance fee
-Offered all year round.
Attractions are always part of the travel package.
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what is the definition of want? a. product or service that is not a necessity b. product or service that is a necessity c. product or service a consumer needs d. product or service that is built for the custome
Want is a product or service that is a requirement. Hence, the correct answer is c) the product or service a consumer needs.
What exactly does the term "consumer" mean?The consumer is the person who makes use of goods or services. A consumer is defined as someone other than the buyer who buys and consumes an item or service with his or her consent. A consumer is defined as any individual or group of people who consume products or services with the approval of the buyer. The consumer, in simple words, is the one who utilizes the goods or services. A consumer is someone who purchases something for personal use and subsequently uses or consumes it. A consumer may not resell the good, product, or service, but he or she may utilize it to earn a livelihood and participate in self-employment.
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What is the role of scarcity in economic decision making?
Scarcity is indeed the fundamental concept in economics, because it refers to the basic economic problem of having unrestricted wants and needs in a world of limited resources.
What is the role of scarcity in economic decision making?
Scarcity is the fundamental concept in economics, as it is the basic economic problem of having unlimited wants and needs, in a world of limited resources. Scarcity forces people and businesses to make decisions on how to use their resources most effectively, by weighing the costs and benefits of different products and services. It also affects price and allocation of resources, as the higher the demand for a product or service, the higher the price will be, and the less available it will be. Scarcity also influences the types of products and services that businesses offer and the quality of those products and services. People and businesses must make decisions on how to allocate their resources in order to maximize the benefits of their limited resources.
What does Scarcity mean?
Scarcity is the condition in which resources are limited in relation to the demand for them. It is the fundamental economic problem of having unlimited wants and needs in a world of limited resources. Scarcity forces people to make decisions about how to allocate resources, and these decisions often have trade-offs. In other words, scarcity is the lack of sufficient resources to fulfill all of the needs and wants of a population. It is a characteristic of virtually all economic systems, and it is what motivates individuals and societies to make decisions regarding the allocation of resources.
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