Examlex
A university must decide if it wants to offer more Internet-based classes. This decision involves answering the economic question of 'what to produce'.
Cash
A physical form of money, such as coins and banknotes, which is used in transactions to purchase goods and services.
Spend
To use money to pay for goods or services, or more broadly, to use resources or time for a particular purpose.
Reciprocity Norm
A social norm dictating that people should repay, in kind, what another person has provided or done for them, fostering mutual cooperation and social bonds.
Free Gift
An item or service given without charge to a customer as an incentive or as part of a promotional strategy.
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