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_____ is an economic system in which private property is eliminated.
Performance Criteria
Standards or metrics used to evaluate the efficiency, progress, or success of a project, employee, or system against defined objectives.
Allowable Costs
Expenses that can be charged to a project, as defined by contractual agreements or regulatory guidelines.
Price Adjustment Contract
A contract that allows for changes in price based on certain conditions, such as inflation rates or cost increases.
Fixed Price
A contract method where the service or product is provided at a set price, regardless of the actual costs incurred.
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