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Managers can use equity theory to do which of the following?
Medical Care
Services provided by healthcare professionals to diagnose, treat, or prevent diseases and injuries in individuals.
Externalities
Costs or benefits that affect a party who did not choose to incur that cost or benefit, often leading to market failure if not properly addressed through regulation or negotiation.
Perfect Information
A hypothetical market condition in which all participants have access to all relevant information to make fully informed decisions.
Public Goods
Goods that are non-excludable and non-rivalrous, making it difficult to restrict access to their benefits only to those who pay for them.
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