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A firm may be a monopolist even though it is not the sole seller in a market.
Terminal Values
End-goals or objectives in life that individuals strive to achieve, often related to personal fulfillment, success, and well-being.
Instrumental Values
Values that are regarded as a means to an end, guiding how we achieve our goals and interact with others.
Material Goods
Physical objects or possessions that have value, either monetary or sentimental, often acquired to satisfy personal needs or desires.
Confront
To face or deal with a challenging situation or person directly.
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