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What are the signs of ΔH,ΔS,and ΔG for the following spontaneous change?
Inventory Levels
The quantity of goods and materials on hand that are available for sale or production processes in a company.
Pay Suppliers
The process of settling financial obligations to suppliers by providing them with the agreed-upon payment for goods or services purchased on credit.
Opportunity Costs
The price paid by not choosing the second-best option available during decision-making.
Foregone Resource
The benefits or income lost when one option is chosen over another, essentially another term for opportunity cost but often used in the context of tangible resources.
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