VIABILITY Definition

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VIABILITY, in economics, is the capability of developing and surviving as a relatively independent social, economic or political unit.

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LANDED COST is the total expense of receiving goods at place of retail sale, including retail purchase price, transportation costs, duties, value added taxes, excise tax and other taxes.

RECEIPT is a written acknowledgment that a specified article, sum of money, or shipment of merchandise has been received.

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