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New process technology cannot reduce costs, because costs depend on the relative prices of inputs
Benefit
A benefit or favorable result obtained from a product, service, or activity.
Requirement
A specified necessity or condition that must be fulfilled or complied with.
Goodwill
An intangible asset representing the value of a business's reputation, brand, and customer relationships, beyond its tangible assets.
Organizing Information
The process of arranging data and facts in a structured and logical manner for easy understanding and accessibility.
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