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What are the three key components of the author's definition of a team?
Rent
A periodic payment made for the use of land, a building, or other property.
Insurance
A financial product providing protection against possible financial losses or damages, involving regular payments in exchange for the promise of compensation under certain conditions.
Economies of Scale
The cost advantages that enterprises obtain due to their scale of operation, resulting in cost per unit of output decreasing with increasing scale.
Diseconomies of Scale
The phenomenon where production costs per unit increase as an operation scales up, typically due to inefficiencies or increased complexities.
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