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What are the characteristics of a firm that is successfully pursuing a cost leadership strategy?
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The action of increasing the amount of money set aside for future use or as a precaution against emergencies or major purchases.
Tax Credit
A tax incentive which allows taxpayers to subtract the amount of the credit from the total they owe to the state.
Loanable Funds
Money available for lending and borrowing, determined by the supply of savings and demand for loans.
Rightward
Used to describe movement towards the right, often in the context of shifts in supply or demand curves in economic graphs.
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