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Explain the Terms Basic Research and Applied Research

question 30

Essay

Explain the terms basic research and applied research.


Definitions:

Stock Exchanges

Platforms where stocks, bonds, and other securities are bought and sold.

Registration Fees

Charges associated with registering for certain services, rights, or activities, often official or legal in nature.

Operating Costs

Expenses associated with the day-to-day functions of a business, including costs related to administration, labor, and raw materials.

Stockbrokers

Professionals who buy and sell securities on behalf of their clients, facilitating transactions in the stock market.

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