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According to the Circular Flow Model of the Market System

question 87

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According to the circular flow model of the market system, when resource-owners' money income is rising, then the costs to business firms that employ their resources must be falling.


Definitions:

Infringement

This involves the unauthorized use or violation of someone else's rights, especially intellectual property rights.

Amortized

The step-by-step decrease of an owed sum throughout a duration by consistent installments that include both the main amount and the interest.

Intangibles

Assets owned by a business that have no physical nature but possess value due to content or legal rights, such as copyrights and trademarks.

Copyright

A form of legal protection given to creators of original works of authorship, including literary, dramatic, musical, and certain other intellectual works.

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