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In the reading, Socrates says, "When I began to talk with him, I could not help thinking that he was not really wise, although he was thought wise by many, and wiser still by himself; and I went and tried to explain to him that he thought himself wise, but was not really wise; and the consequence was that he hated me, and his enmity was shared by several who were present and heard me. So I left him, saying to myself, as I went away: Well, although I do not suppose that either of us knows anything really beautiful and good, I am better off than he is-for he knows nothing, and thinks that he knows but others will still think him wise."
Depreciation Rates
The rate at which an asset loses its value over time, often used for accounting and tax purposes to reflect the wear and tear, aging, or obsolescence of physical or intangible assets.
Opportunity Costs
The burden of missing out on the subsequent optimal choice during the selection process.
Technological Advances
Innovations and improvements in technology that increase productivity, efficiency, or bring about new products or ways of doing things.
Entrepreneurial Ideas
innovative concepts or proposals that can be developed into profitable business ventures by identifying and fulfilling market needs or solving problems.
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