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Which of the following would raise the price level in both the short and long run?
Physical Conduct
Actions or behaviors of an individual that can be observed and measured in the physical space.
Special Skills
Unique or highly developed abilities in a specific area, often requiring extensive training or experience, and valuable in particular occupations or tasks.
Agent
A person or entity authorized to act on behalf of another, known as the principal, in commercial transactions or negotiations.
Agency Relationships
A legally binding relationship established between two parties, where one, the agent, is authorized to act on behalf of the other, the principal, in business dealings.
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