Examlex
Which of the following is TRUE?
Negative Slope
indicates a relationship in a graph where as one variable increases, the other variable decreases, showing an inverse correlation.
Production Possibilities
The various combinations of goods and services that can be produced within an economy when all resources are fully utilized.
Capital Goods
Long-term assets used by businesses to produce goods and services, such as machinery and buildings.
Consumer Goods
Items produced for direct consumption by the end consumer.
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