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Collectively Elaborated Explanations of Unfamiliar and Complex Phenomena That Transform

question 8

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Collectively elaborated explanations of unfamiliar and complex phenomena that transform them into a familiar and simple form are referred to as:


Definitions:

Assets

Economic resources owned by a business or individual, expected to bring future benefits.

Net Income

The total profit or loss of a business after all expenses, taxes, and costs have been subtracted from total revenue.

Net Loss

A situation where total expenses exceed total revenues, indicating a negative profit.

Stockholder Dividends

Profit payouts made by a company to its investors.

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