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How does marketing through online social networks differ from more traditional marketing?
Nonrenewable Resources
Natural resources that cannot be replenished within a human lifetime, such as fossil fuels or minerals.
Opportunity Cost
The value of the next best alternative foregone as the result of making a decision, representing the benefits an individual, investor, or business misses out on when choosing one alternative over another.
Extracting
The process of obtaining raw materials from the natural environment for use in the production of goods or services.
Selling
The act of offering goods or services in exchange for money, involving strategies and processes to persuade customers to make a purchase.
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