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What are time fences? Why are they used?
Warren Buffet
A highly successful investor and philanthropist known for his value investing approach and as the principal shareholder and CEO of Berkshire Hathaway.
Purchase Commodities
The act of buying raw materials or primary agricultural products that can be exchanged with other goods of the same type.
Budget Constraint
A financial limit that represents the combination of goods and services a consumer can purchase with their available income.
Consumer's Income
The total amount of income earned by an individual or household from various sources, influencing their purchasing power and demand for goods and services.
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