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Assume there is an increase in the number of consumers in the market for a good sold by perfectly competitive firms that are initially producing the profit-maximizing level of output.For the individual firm,this would result in:
Vested Benefits
Benefits that an employee has earned the right to receive, even if they no longer work for the employer, typically in a pension or retirement plan.
Postretirement Health Care Benefits
Benefits provided by an employer to retired employees, covering medical and health-related expenses.
Tax Deductible
Expenses or costs that can be subtracted from gross income to reduce the taxable income.
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