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Social networking appears to be particularly effective in eliminating biases in old.
Willingness to Pay
The maximum amount an individual is prepared to spend on a good or service, reflecting the value they place on it.
Income
The extraction of financial value, repetitively over time, from working engagements or investment pursuits.
Income Elasticity
A measure of how much the demand for a good or service changes with a change in the consumer's income.
Per Capita
A statistical measure that represents the average per person of a particular indicator, such as income or GDP.
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