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While having a discussion, Technician A says that if there is a tire blowout on the left side of a front-wheel-drive vehicle with positive scrub radius, the tire will pull hard to the left. Technician B says that it will pull hard to the right. Who is correct?
Losses
The negative financial result from business activities when costs exceed revenues.
Gains
Increases in economic benefits, such as profit, revenue, or utility, often resulting from investments, trade, or improvements in productivity.
Precommitments
Actions taken ahead of time that make it difficult for the future self to avoid doing what the present self desires. See time inconsistency and self-control problems.
Imposed Costs
Costs that are not chosen but are forced on a party, often by external factors or requirements such as government regulations, taxes, or fines.
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