Examlex
Use radical notation to write the expression. Simplify if possible.
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Limited Resources
The finite availability of inputs or resources (labor, capital, land) that can be used for the production of goods and services.
Unlimited Wants
The economic concept that human desires and needs are constant and infinite, whereas the resources to fulfill them are limited.
Best Use
Optimal allocation or application of resources to maximize efficiency or value.
Positive Statement
An objective statement based on factual information or data that can be tested or rejected through observation.
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