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Sponges avoid predators by:
Maximize Profit
The process or strategy of adjusting production and operation to achieve the highest possible return or profit.
Minimize Losses
Refers to the strategy of reducing the amount of money or resources wasted or not profitably used in a business or operation.
Output Units
Output units refer to the individual units of product or service produced by a business or economic system.
Purely Competitive Seller
A seller in a market where there are many buyers and sellers, with no single entity able to control the market price.
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