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In international governance, a disadvantage of holding open elections is that they limit the size of the board of directors.
Price of a Resource
The monetary value assigned to a raw material, energy, or other fundamental inputs used in the production of goods and services.
Substitute Inputs
Alternatives that can be used in the production process if the original inputs become too expensive or unavailable.
Consumers
Individuals or groups who use goods and services to satisfy their personal needs and desires.
Unskilled Labor
Workforce with no special training or qualifications, often associated with manual or simple tasks.
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