Examlex
Research has shown that heavy Web users are less likely to spend time with friends and family, but they report far more offline contact with family members than nonusers. How should this be interpreted by marketers?
Production Possibility Frontier
A curve depicting all maximum output possibilities for two goods, given a set of inputs, highlighting the trade-offs in production choices.
Fully Employed
A situation in which all available labor resources are being used in the most economically efficient way.
Production Possibility Frontier
A curve depicting all maximum output possibilities for two or more goods, given a set of inputs and technology, assuming efficient use of resources.
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