Examlex
How many cups of fruit are recommended per day for an individual whose normal total caloric intake is about 2,000 calories?
Short Run
A period in which at least one input (such as plant size) is fixed, and only the variable inputs can be adjusted.
Price System
An economic mechanism that uses prices arising from supply and demand interactions to communicate information to help guide the allocation of resources.
Scarce Goods
Goods that are limited in supply in comparison to their demand, necessitating allocation mechanisms.
Automatically Distributes
Refers to processes or systems that allocate resources, duties, or information without the need for human intervention.
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