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Opportunity Costs
The value of the next best alternative that is foregone when a particular decision is made.
Opportunity Cost
The bypass of potential advantages from different routes when a specific option is taken.
Agricultural Production
The process and methods used in the cultivation of plants and raising of animals for food, fiber, biofuel, medicinal plants, and other products used to sustain and enhance human life.
Labor Force
The total number of people employed and unemployed, seeking employment in an economy.
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