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When the Social Cost of Production Is Greater Than the Private

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When the social cost of production is greater than the private cost, we have a


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Natural Language Processing

A field of artificial intelligence that focuses on the interaction between computers and humans using natural language.

Buyer Agents

Professionals or agencies that assist individuals or companies in purchasing products or services.

Personal Agents

Software agents designed to perform tasks or services for an individual. They act semi-autonomously on behalf of a user and may perform tasks like managing information or schedules.

Shopping Bot

An automated software that searches and scans the internet for the best deals and prices on products for online shoppers.

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