Examlex
In a _______________________ the potential outcomes of a program are captured in both financial and nonfinancial terms.
Comparative Advantage
The ability of an individual or country to produce a particular good or service at a lower marginal cost than others.
Production Possibilities
Various combinations of goods and services that can be produced within an economy given available resources and technology.
Economies Of Scale
The cost advantage achieved by producing goods in large quantities, hence reducing the cost per unit.
Quality Of Products
Refers to the degree to which a product or service meets or exceeds customer expectations in terms of durability, reliability, and performance.
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