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The Black and Scholes model requires the inflation rate as an input.
Diffusion
The process by which innovations, ideas, or technologies spread through cultures and societies.
Process Innovation
The development and use of new or improved production or distribution methods.
Extracting Copper
The process of retrieving copper from its ores using techniques like mining, crushing, and refining.
First Discovery
The initial identification or observation of a phenomenon, principle, or resource, marking a seminal moment in the expansion of knowledge or exploration.
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