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Match the Meanings with Their Correct Terms

question 230

Multiple Choice

Match the meanings with their correct terms:
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Definitions:

World Price

The international market price of a good or service, influenced by global supply and demand.

Diseconomies Of Scale

refers to a situation where, as a company or business expands, its production costs increase, leading to a decrease in efficiency.

Resource Endowments

The natural resources, capital, and other economic assets that a country possesses, impacting its economic potential.

World Price

The international market price of a good or service, determined through global supply and demand interactions.

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