Examlex
Express the following statement using O-notation:
Optimal Quantity
Optimal quantity is the amount of a good or service that maximizes a firm's profits or an individual's utility, considering costs and benefits.
Weaker Economy
An economy characterized by slower growth, lower productivity, and potentially higher unemployment rates compared to a stronger economy.
Unemployment Rates
The percentage of the labor force that is jobless and actively seeking employment.
Mix of Potential Immigrants
The diverse characteristics (such as skills, education, and country of origin) of immigrants considered for entry into a country.
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