Examlex
You find a treasure chest with a big lock on it. After rushing to the local hardware store you find a sledge hammer for $9.49. You say out loud, "Wow I would have paid $500 for this!" This statement is an illustration of:
Deliverables
Tangible or intangible outputs or outcomes that must be provided upon completion of a project or task.
Tangible Product
A physical item that can be perceived by touch and is produced for sale or use.
Service
The act of helping or doing work for someone, or a system supplying a public need such as transport, communications, or utilities.
Economic Principles
Fundamental concepts that guide the analysis of economics, including supply and demand, opportunity cost, and market equilibrium.
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