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What would most likely occur at the preapproach stage in a business selling situation?
Higher Wages
Wages that are above the average or standard level, often resulting from increased demand for labor, higher productivity, or specialized skills.
Statistical Discrimination
The use of statistical or probabilistic data about demographic groups by employers, lenders, etc., to make assumptions about individuals, potentially leading to discriminatory practices.
Insurance Rates
The cost or premium for insurance coverage, determined by risk assessment and statistical analysis.
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