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User-Defined Words in Java

question 30

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User-defined words in Java:


Definitions:

Profit Maximizes

Refers to strategies or actions companies undertake to increase their profits to the highest possible level.

Quantity

The amount or number of a product or service available for purchase or sale.

Units

Basic quantities or measurements used to express a variable or quantity in a specific context, such as units of currency or units of measurement.

Monopolistic Competition

A market structure in which many firms sell products or services that are similar but not identical, allowing for some degree of market power and product differentiation.

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