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In both monopolistically competitive and perfectly competitive industries
Deliberate Mind
Thinking that is conscious, intentional, and reasoned, as opposed to automatic and instinctive.
Environment
The surroundings or conditions in which a person, animal, or plant lives or operates.
Gratification
Gratification is the pleasure or satisfaction obtained from achieving something desired or fulfilling a need.
Delay of Gratification
The ability to resist the temptation for an immediate reward and wait for a later reward.
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