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Scenario 14.1
A worker in Firm A earns an income of $5,000 per month. He has been offered a job in Firm B where he will be paid a salary of $7,000 per month.
-Transfer earning is the minimum amount that has to be paid to a factor to allocate it in its next best alternative use.
Compressible
Describes a characteristic of materials or substances that can have their volume significantly reduced under pressure.
Intermolecular Forces
The forces of attraction or repulsion between molecules, affecting the physical properties of substances, such as boiling point and viscosity.
Fuel-Air Explosive
A type of weapon that disperses fuel into the air and ignites it, creating a large blast wave of high temperature and pressure.
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