Examlex
For people in developing regions, an improved standard of living usually requires more water and energy.
Unit of Labor
A measurement of work or effort by an employee or worker.
Labor Supply
The total hours that workers are willing and able to work at a given wage rate in a specific period.
Capital
Financial assets or their financial value, as well as the tangible factors of production that are used in creating goods or services.
Maximize Profit
The process of increasing one's financial gain to the highest possible level given the constraints of the market.
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