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Preventative maintenance is an example of:
Game Theory
The study of mathematical models of strategic interaction among rational decision-makers.
High-Tech Revolution
A period characterized by rapid and profound technological advancements, significantly impacting industries and society.
Market Structures
The organization and characteristics of a market, determining the level of competition and pricing power, such as monopolistic, oligopolistic, and competitive markets.
Tit-For-Tat
A strategy in game theory and negotiations where a participant replicates an opponent's actions, commonly used to enforce cooperative behavior.
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