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How are the police different the military?
Input Market
The market in which firms purchase raw materials, labor, services, and other inputs necessary for the production of goods or services.
Salvage Value
The estimated resale value of an asset at the end of its useful life.
Expected Benefit Approach
A method used in actuarial science and finance to calculate the anticipated benefits and corresponding costs or contributions to a pension plan over time.
Output Market
The marketplace in which goods and services produced by businesses are sold or offered to end users or consumers.
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