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Why are we more prejudiced against an outgroup when we learn of their past sufferings or injustices?
Net Income
The total profit of a company after all expenses, including taxes and operating costs, have been subtracted from total revenue.
Average Cost
The total cost of goods available for sale divided by the number of items available for sale, used to determine the cost of goods sold and ending inventory.
Declining Prices
A situation where prices of goods, securities, or commodities decrease over time due to various factors like market oversupply, low demand, or economic downturns.
Net Income
The amount of profit left over, after all expenses and taxes have been subtracted from total revenue.
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