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Amanda McPherson is a working mother with one child and an ailing parent to look after in addition to her duties as a wife and job responsibilities as a legal consultant. Since Amanda always feels pressed for time, the news that the consultancy she works for would allow her to work from home two days a week came as a great relief to her. She now feels more motivated to work for the company, as the company has taken into account her personal and professional needs. The company has allowed Amanda to use the option of ________.
Used Cars
Pre-owned vehicles that have been previously registered and used, often sold through various markets and dealerships.
Demand Segmentation
The process of dividing a market into distinct groups of buyers based on different demands and characteristics, allowing for more targeted and effective marketing strategies.
Marginal Cost
The increase in total production costs resulting from producing one additional unit of a good or service.
Senior Citizens
Older adults, often defined by a specific age threshold, considered in various economic models for their consumption, savings, and labor supply behaviors.
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