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Which of the following reduce price competition?
Hierarchy
Hierarchy refers to a system or organization in which people or groups are ranked one above the other according to status or authority.
Possession
The act of owning or having control over an object, quality, or situation.
Psychologically Healthy
A state of well-being where an individual recognizes their abilities, can cope with the normal stresses of life, can work productively, and is able to contribute to their community.
Peak Experiences
Moments of extreme joy, creativity, or fulfillment that are often transforming in an individual's life.
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