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Explain the difference between motivators and hygiene factors in Herzberg's theory.
Profit Maximizing
The process or strategy of adjusting production and operational variables to achieve the highest possible profit.
Same Price
A condition where various sellers offer a product or service at an identical cost to consumers.
Output Decrease
A reduction in the quantity of goods or services produced by a firm, sector, or economy.
Monopoly Firm
A single company or entity that has exclusive control over the production and sale of a particular product or service.
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