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Operational feasibility deals with the basic resources to consider, which are your time and that of the systems analysis team, the cost of doing a full systems study (including the time of employees you will be working with), the cost of the business employee time, the estimated cost of hardware, and the estimated cost of software or software development.
Phantom Tickets
Tickets that are sold for an event that may have already sold out or for seats that do not exist, often associated with fraud or scams.
Willingness to Pay
The highest price a person is willing to pay for a product or service, indicating how much they value it.
Basketball Sneakers
Shoes specifically designed and constructed for playing basketball, offering support, traction, and durability.
Consumer Surplus
The gap demonstrated between a consumer's intended payment for a good or service and the actual charge they incur.
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