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Barb Daley has all the technological tools-a laptop computer with built-in wi-fi,a cellular phone,and a personal digital assistant that she can take with her wherever she goes.The computer in her study at home has a cable modem that provides a broadband connection to her company's intranet.If Barb is like most Americans who have access to all of this modern technology,she will enjoy a much shorter workweek than workers in less technologically advanced nations.
Goods and Services
The output of an economy or a firm that consists of tangible commodities (goods) and intangible activities (services) offered to satisfy consumer needs.
Subjective Concept
An idea or notion based on personal opinions, interpretations, points of view, emotions, and judgment.
Objective Concept
An idea or notion that is based on factual and observable phenomena, unbiased by personal feelings or interpretations.
Personal Preferences
The specific likes, dislikes, desires, and interests of an individual, often influencing their purchasing decisions.
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