Examlex
Use the fact that the to evaluate the expression without using a calculator.
Round the answer to the nearest thousandth.
Bid
An offer of a certain price for something, especially in contexts like auctions or financial markets, where it reflects the amount a buyer is willing to pay.
English Auction
A type of public auction where bids are openly made and raised until no higher bids are forthcoming, with the highest bidder winning the item.
Rational Self-Interest
The principle that individuals tend to make decisions that they believe are best for themselves, maximizing their own utility.
Values
The principles or standards of behavior that are regarded as important in making decisions or judgments.
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