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According to bureaucratic management principles, those higher in the chain of command do not have the right to give commands, take action, and make decisions concerning activities occurring anywhere below them in the chain.
Substitution
The process of replacing one item with another due to changes in price, preference, or functionality.
Satisfaction
The feeling of pleasure or contentment that comes from fulfilling a desire, expectation, or need, or achieving a goal.
Marginal Rate
The rate at which one additional unit of something affects an outcome, often used in the context of taxes or production.
Substitution
The economic concept where consumers replace more expensive items with less costly alternatives, influencing demand and market dynamics.
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