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_____________ Refers to the Fair Allocation of Goods and Services

question 11

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_____________ refers to the fair allocation of goods and services. In particular, the norm of ______________ dictates that individuals' outcomes should be proportional to their inputs.


Definitions:

Self-Efficacy

An individual's belief in their own capability to execute behaviors necessary to produce specific performance attainments.

Opportunity Recognition

The ability to identify and assess potential business or growth opportunities in the market or environment.

Idea Generation

The creative process of generating new, innovative ideas for potential solutions, products, or improvements.

Formal Methods

Rigorous software and systems design methods used to model, specify, and verify the correctness of systems through mathematical techniques.

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