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Regarding water heaters, how do the IPC and UPC differ?
Ultimatum Game
A game in experimental economics where two players decide on how to divide a sum of money; if the receiver does not accept the offer, both get nothing.
Private Interests
Individual or group interests that are not public in nature, often seeking personal gain or advantage.
Invisible Hand
A metaphor introduced by Adam Smith to describe unintended social benefits resulting from individual actions.
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