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Norms of Business
The accepted standards and practices that guide behavior in the business world.
Government Takeover
The acquisition of control over a company or sector by the government, potentially involving nationalization or requisition of private assets.
Per-Unit Costs
The expense incurred to produce, acquire, or sell one unit of a product or service, used in calculating profitability and pricing strategies.
Fixed Costs
Costs that do not vary with the volume of production or sales, such as rent, salaries, and insurance.
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