Examlex
Most formal reports are written for decision makers.
Self-Interested
Describes individuals or entities that act in their own best interest, aiming to maximize their own benefits and minimize costs.
Produce Efficiently
The process of producing goods or services in a way that minimizes waste and maximizes output using the least resources.
Technological Improvements
Advances in technology that enhance productivity, efficiency, and quality in goods and services.
Demand Falls
A situation where the quantity demanded of a product decreases, often due to changes in price, income, or preferences.
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