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Basic Concepts from Number Theory That Are Needed for Understanding

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Basic concepts from number theory that are needed for understanding finite fields include divisibility, the Euclidian algorithm, and modular arithmetic.


Definitions:

Quantity Controls

Government-imposed limits on the quantity of a good that can be produced or sold in the marketplace.

National Football League

The National Football League (NFL) is a professional American football league consisting of 32 teams, divided between the National Football Conference (NFC) and the American Football Conference (AFC).

Licenses

Official permissions granted by authorities allowing individuals or companies to carry out certain activities, such as driving or operating a business.

Price Floor

A government or group-imposed minimum price set above the equilibrium price, ensuring sellers cannot charge less than this amount.

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