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Max Weber's model "bureaucracy" helped in reducing favoritism and other unfair practices by:
Manufacturing Costs
The direct and indirect expenses incurred in producing goods, including materials, labor, and overhead costs.
Purchasing Power
The purchasing power of a currency, defined by the quantity of goods or services a single monetary unit can acquire.
Consumer Prices
The prices of goods and services purchased by households.
Minimum Wage
The lowest legal hourly pay rate that an employer can pay an employee.
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