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The Chinese language uses complex pictorial images instead of words, and recent research suggests that there is less left hemisphere lateralization of language in Chinese people than in people who use languages based on alphabets. This is thought to be the case because:
Economic Profits
The surplus remaining after deducting all costs, including opportunity costs, from total revenues, indicating a firm's financial performance beyond breaking even.
Decreasing Returns to Scale
A situation in which, as the scale of production increases, the output increases at a diminishing rate, resulting in reduced efficiency.
Price-Inelastic
Describes a situation where the quantity demanded or supplied changes little when the price changes.
Prisoner's Dilemma
A scenario in game theory where two individuals acting in their own self-interest do not produce the optimal outcome.
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