Describe the concept behind the Material Balance Model

The Material Balance Model is a concept used in various fields, including economics, ecology, and engineering.

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It involves tracking the flow of materials (such as energy, mass, or resources) within a system over time. The model aims to maintain a balance by accounting for inputs, outputs, and changes within the system. This helps analyze the sustainability, efficiency, or behavior of the system and is particularly useful in understanding resource utilization and environmental impact.