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Visual Nearsightedness
A common eye condition characterized by difficulty seeing distant objects clearly while close objects appear normal, also known as myopia.
Additional Utility
The extra satisfaction or benefit derived from consuming one more unit of a good or service.
Behavioral Economics
A field of study that analyzes the effects of psychological, social, cognitive, and emotional factors on the economic decisions of individuals and institutions.
Status Quo
The existing state of affairs or current condition, typically used to describe situations before any changes are made.
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