Examlex
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Market
A system or environment where buyers and sellers interact to exchange goods, services, or information.
Profit
The financial gain realized when the amount of revenue gained from a business activity exceeds the expenses, costs, and taxes involved in sustaining the activity.
Groupthink
A psychological phenomenon that occurs within a group of people when the desire for harmony or conformity results in an irrational or dysfunctional decision-making outcome.
Fundamental Attribution Error
The tendency to overemphasize personal characteristics and ignore situational factors in judging others' behaviors.
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