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Which of the following formulas is INCORRECT?
Wages
The monetary compensation paid by employers to employees for their labor, typically calculated on an hourly, daily, or piecework basis.
Segregation
The act or state of separating or being separated into different groups based on characteristics such as race, gender, or religion, often leading to unequal treatment or opportunities.
Profit Maximizing
The process or goal of a firm to adjust its production and pricing strategies to achieve the highest possible profit.
Economic Historians
Scholars who study and analyze the economies or economic phenomena of the past, integrating perspectives from history and economics.
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