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The finance and the marketing department of a company are required to collaborate on a project. However, the two teams face significant challenges while trying to communicate with each other because of the use of jargon specific to each department. In the given scenario, which of the following communication barriers do the teams face?
Consumption
The action of using goods and services to satisfy needs or wants.
Consumption
The act of using goods and services by households, which is a primary component in measuring gross domestic product (GDP) in economics.
Consumer's Surplus
The disparity between what consumers are prepared and can afford to spend on a product or service and the actual amount they end up paying.
Total Amount
The complete sum or quantity of something, encompassing all parts or units counted.
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