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The Less Steep the Cost Slope of an Activity, the

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The less steep the cost slope of an activity, the


Definitions:

Offer Terminates

The point at which a proposal or invitation to engage in a contract is revoked or becomes invalid.

Specified Time

A clearly defined or designated period within which something is supposed to happen or be completed.

Expressly Specify

To clearly and specifically state or define terms or conditions within an agreement or document.

Reasonable Mode

pertains to a method or manner of action that is considered fair, sensible, and appropriate under the given circumstances.

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