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A new exercise video contends that with one day of fasting and a one-hour period of intense cardiovascular exercise, the average individual can lose five pounds a week and be in peak health within six months of starting the program. __________ barriers could doom the new product to failure because the product's claims are not consistent with how consumers think and behave.
Initial Endowment
The initial quantity of goods, services, assets, or resources that an individual, institution, or economy possesses.
Pareto Optimal
A situation where resources are distributed in such a manner that it's not feasible to rearrange them to benefit someone without adversely affecting at least another individual or preference standard.
Initial Endowment
The initial quantity of goods, resources, or wealth that an individual or entity possesses at the start of a period or game.
Pareto Optimal
A distribution of resources from which it is impossible to reallocate in order to make any individual better off without making at least one individual worse off.
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