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Graph 4-1
-Refer to Graph 4-1.The movement from point B to point A on the graph shows:
Ship Captains
Professionals responsible for navigating ships and supervising their crew to ensure the safe transportation of cargo or passengers.
Basic Research
Fundamental scientific investigation aimed at gaining more comprehensive knowledge or understanding of the subject under study, without immediate practical application in mind.
Public Sector
The sector of an economy that is controlled by the government and includes government services and enterprises.
Free-Rider Problem
A situation in public goods where individuals benefit without contributing due to non-excludability.
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