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Discuss the disadvantages associated with running a home-based business.
Economic Stability
A state in which an economy experiences steady growth, low inflation, and low unemployment, leading to confidence in the financial system.
Opportunity Cost
The price paid for missing out on the alternative option when deciding.
Specialized Tools
Instruments or devices designed for specific tasks or industries, enabling more efficient and precise work in professional and technical fields.
Transaction Cost
Expenses incurred when buying or selling goods or services, beyond the price of the goods or services themselves.
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