In an economic model with one lender and five potential borrowers, a situation arises where two borrowers are denied loans and cannot undertake their projects, while the other three receive loans. The lender receives a portion of the income from each of the three successful projects. Arrange the following groups in order of their income, from lowest to highest.
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In an economic model with one lender and five potential borrowers, a situation arises where two borrowers are denied loans and cannot undertake their projects, while the other three receive loans. The lender receives a portion of the income from each of the three successful projects. Arrange the following groups in order of their income, from lowest to highest.
Condition for Lender's Highest Income in the Two-Borrower Exclusion Model