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The Norton's equivalent circuit is characterized by the:
Rational Actors
Individuals or entities that make decisions based on logical reasoning, often within the context of economic theory, aiming to maximize utility or benefit.
Exchange Theory
A social theory that views interactions and relationships as transactions where individuals seek to maximize rewards and minimize costs.
Decision-Making
The cognitive process of choosing a course of action among multiple alternatives, often involving considerations of risk and reward.
Coveted Rewards
Highly desired benefits or prizes that individuals or groups seek to obtain, often driving competition and motivation.
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