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Which of the following combinations is plausible, as it relates to a nation's balance of payments?
Substitute Resources
Alternative inputs or resources that can be used in place of another in the production process.
MRP
Material Requirements Planning (MRP) is a production planning, scheduling, and inventory control system used to manage manufacturing processes.
Wage Rate
The amount of money paid to an employee per unit of time, such as hourly or yearly.
MRP
Marginal Revenue Product, which is the additional revenue generated by employing one more unit of a resource, such as labor or capital.
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