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A potential disadvantage of licensing agreements is:
Consumer
An individual or group that purchases goods and services for personal use, driving demand in the economy.
Third-Party Payments
Transactions in which the person making a payment is not directly receiving the good or service, often seen in healthcare and insurance.
Healthcare Prices
The cost associated with medical services and products, which can vary widely depending on a variety of factors.
Economize
The act of using resources efficiently, especially to reduce costs.
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