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Why are firms in monopolistic competition unable to earn an economic profit in the long run?
Constructive Alternativism
The idea that we are free to revise or replace our constructs with alternatives as needed.
Freedom
The power or right to act, speak, or think as one wants without hindrance or restraint; often considered a fundamental human right.
Two-Factor Theory
A psychology theory proposing that emotions are based on physiological arousal and cognitive labeling of that arousal.
Self-Actualized Individuals
Persons who have achieved their fullest potential, realizing personal talent, self-fulfillment, and peak experiences, as described by Maslow.
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