Examlex
Which of the following describes a production setup that is characterized by low initial costs and high operating costs?
Disparity
The existence of inequalities or differences in conditions, status, or treatment between people or groups.
Rich and Poor
Terms reflecting the socioeconomic disparity between individuals or groups with significant wealth and those living in conditions of poverty.
Upper Limit
The maximum capacity, value, or level that can be reached or permitted.
Welfare Systems
Governmental programs designed to provide financial or other aid to individuals in need to ensure their basic living standards.
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