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Kirchhoff was the first to describe qualitatively the types of spectra we observe from luminousobjects. Describe the three types and their sources.
Sharing Contracts
A type of franchising agreement under which the franchisee pays the franchisor a percentage of revenue rather than a fixed fee.
Marginal Benefit
The additional benefit received from consuming one more unit of a good or service.
Franchising
A business model wherein a business owner licenses their business logo, name, and operating model to an external party or franchisee.
Franchising Relationship
A business model that involves a contractual partnership between a franchisor and franchisee to use the franchisor's brand and operating methods.
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