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Prisoners Sometimes Determine a Single Good to Be Used as Money

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Prisoners sometimes determine a single good to be used as money. This good becomes


Definitions:

Split-Off

A point in the manufacturing process where multiple products are generated from a single process or input.

Separable Processing Costs

Costs that are incurred after the split-off point where multiple products are generated from a common process and can be directly attributable to each product.

After Split-Off

Refers to the stage in a production process after which multiple products are generated from a single process or input.

Process Further

The continuation of operations on goods or information to add more value before final output or completion.

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