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The Two Major Things to Consider When Trying to Minimize

question 29

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The two major things to consider when trying to minimize cost are technology of production and output prices.


Definitions:

Syntax

The set of rules and principles that govern the structure of sentences in a language, including word order.

Psycholinguistics

The study of the psychological and neurobiological factors that enable humans to acquire, use, and understand language.

Phonemes

The smallest units of sound in a language that distinguish one word from another, essential for speech and language.

Linguistic Relativity

A theory suggesting that the structure of a language affects its speakers' world view or cognition.

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