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How did nationalism contribute to the growth of racism in the nineteenth century?
Average Revenue
The amount of revenue received per unit of a good or service sold, calculated by dividing total revenue by the total number of units sold.
Maximize Profits
Business objective to achieve the highest possible profit from operations and sales.
Minimize Losses
A strategy aimed at reducing the negative impacts or financial losses in operations, investments, or other activities.
Market Price
The current price at which a good or service can be bought or sold in a marketplace, determined through the supply and demand dynamics.
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