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Cells use oxygen to release energy from glucose.
Transaction Costs
The expenses incurred when buying or selling goods or services, beyond the price of the goods.
Opportunity Cost
The value of the next best alternative forgone as the result of making a decision.
Voluntary Exchange
A transaction where two parties trade goods or services by mutual agreement without coercion.
Transaction Costs
Expenses incurred during the buying or selling process, not limited to the price of the good, like fees, taxes, or other costs associated with the transaction.
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