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The Technical Name for the Sense of Smell Is Olfaction

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The technical name for the sense of smell is olfaction.


Definitions:

Higher Costs

Situations where the expenses associated with producing goods or services are elevated, often reducing profitability.

Business Firms

Business firms are entities that engage in professional, commercial, or industrial activities with the aim of generating profits from their operations.

Housing Market

The market segment covering the buying, selling, and renting of residential properties.

Housing Prices

The amount of money required to purchase residential properties, reflecting both the demand for and the supply of homes.

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