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What is the approximate ratio of nitrogen to oxygen in Earth's atmosphere?
Factor of Production
Resources used in the production of goods and services, such as labor, capital, land, and entrepreneurship.
Demand
The quantity of a product or service that consumers are willing and able to purchase at various prices during a specific time period.
Productivity
Refers to the efficiency of production in terms of units produced per unit of input, such as labor or capital.
Resource
A resource is any physical or virtual entity of limited availability that needs to be consumed to obtain a benefit.
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