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Marginal cost must be less than price at a monopolist's profit-maximizing output.
Influence Factors
Various elements or forces that affect individuals' behavior, decisions, attitudes, and performance within an organizational context.
Hygiene Factors
Refer to conditions such as salary, company policies, and working conditions that can lead to dissatisfaction if absent but do not necessarily motivate employees when present.
Absolute Effects
The total, overall impact of a variable or intervention, without comparison to any control or other group.
Direct Effects
Immediate impacts or outcomes that directly result from a specific cause or action without intermediate steps.
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