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Can a firm go out of business while making an accounting profit. Think about a company that buys a lot of inventory, starts a factory running and then sells most of the product (at a price far above cost)to a customer who is slow in paying. Exactly why may the company fail?
Judgment
The cognitive process of evaluating situations or information to make reasoned decisions or form opinions.
Reflexes
Involuntary responses to a stimulus, which are automatic and without conscious thought.
Sensory Deprivation
A condition in which an individual receives little to no sensory input, often used therapeutically or in research to study the effects on the mind and body.
High Anxiety
A state of intense fear or apprehension that can affect one's ability to function in daily activities.
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