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The drawbacks of proprietorship include unlimited liability and difficulty in obtaining financing.
Pushcart
A small cart or wheeled vehicle typically used by vendors for selling goods in public places.
Output
The quantity of goods or services produced in a given period of time by a firm, industry, or country.
Inverse Demand
A conceptual representation showing the relationship between the price of a good and the quantity demanded, expressed with price as a function of quantity.
Total Costs
The entirety of expenses involved in generating goods or services, covering both constant and fluctuating costs.
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