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Distinguish between and explain distributive justice and procedural justice.
Upstream Costs
Expenses incurred in the early stages of the production process, typically in exploration, development, and extraction in industries like oil and gas.
Downstream Costs
Expenses incurred after the manufacturing process, including distribution, marketing, and customer service.
Production Costs
The total expenses incurred in the process of producing goods or services, including raw materials, labor, and overhead.
Professional Services
Expert services provided by qualified professionals such as lawyers, accountants, and consultants.
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