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Which Term Refers to Bias Built into the Operation of the Economy

question 4

Multiple Choice

Which term refers to bias built into the operation of the economy, education, and other social institutions?


Definitions:

Simultaneous Consumption

A consumption pattern in which a product or service is consumed by multiple users at the same time without reducing its availability to others.

Economies of Scale

The financial benefits companies experience from expanding their operation's size, where there's a general trend of decreasing unit costs with the growth in scale.

French Government

The political system of France, characterized by semi-presidential system with a division of powers between the president, the parliament, and the government.

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