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Write the symbolic statement that follows from the given statement.
To qualify for a loan, the applicant must have a gross income of at least $35,000 if single or combined income of $50,000 if married. Let
q: You qualify for a loan.
m: You are married.
i: You have an income of at least $35,000.
b: Your spouse has an income of at least $35,000.
Porter's Five Forces Model
A framework for analyzing a business's competitive environment, focusing on five key forces that influence its ability to serve customers and turn a profit.
Substitute Products
Products that serve as alternatives to one another in the market, satisfying similar needs or wants of consumers.
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