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Victims of a famine will often eat unappetizing and nutritionally poor foods simply to relieve their constant hunger.Their behavior is best explained in terms of
Not Binding
A term used to describe agreements, conditions, or regulations that do not impose restrictions on the actions of the involved parties.
Market Effect
The impact of supply, demand, and external factors on the prices and availability of goods and services in a market.
Minimum-Wage Laws
A legal framework that specifies the minimum hourly earnings employers are obliged to pay their staff.
Lowest Wage
The minimum amount of compensation an employer is legally allowed to pay to workers, also known as minimum wage.
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