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Felicia knows that exercise is important to longevity,but she can never seem to stick to an exercise program.She has never seen herself as athletic,doesn't enjoy jogging,and her life is busy enough without trying to find time to exercise regularly.Though a friend suggested that she give up some of her television time,Felicia believes that television is her only truly relaxing activity.She tells herself that she gets enough exercise running errands.Felicia has
Maximize Profits
Strategies and actions taken by businesses to increase the difference between their total revenues and total costs.
Individual Profits
The net earnings obtained by a person after subtracting all relevant expenses from their revenue.
Cartel
An association of manufacturers or suppliers created to maintain high prices and restrict competition.
Strategic Interactions
Actions taken by entities in which each one's success depends not only on their own actions but also on the actions of others.
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