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Most meetings of a federal agency must be open to public observation.
Franchised Restaurant
A restaurant that operates under the branding and operational guidelines of a larger chain, typically through a licensing agreement.
Sharing Contracts
A type of franchising agreement under which the franchisee pays the franchisor a percentage of revenue rather than a fixed fee.
Marginal Benefit
The additional benefit received from consuming one more unit of a good or service.
Franchising
A business model wherein a business owner licenses their business logo, name, and operating model to an external party or franchisee.
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