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When are managed care systems most effective?
Production Possibility Frontier
A graph that shows the highest production potential for two different products based on specific resources and factors.
Technology
Application of scientific knowledge for practical purposes, especially in industry.
Hybrid Cars
Vehicles that use a combination of internal combustion engines and electric motors to reduce fuel consumption and emissions.
Optimal Point
The situation in which a firm, individual, or economy achieves the best possible outcome under given constraints.
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