Examlex
Demand-pull inflation is due to excessive spending on goods and services.
Opportunity Cost
The value of the best alternative foregone when a decision is made to choose one option over others.
Soybeans
A leguminous plant from East Asia, extensively cultivated for its consumable beans that serve in a multitude of edible goods and as a source for oil.
Alfalfa
A perennial flowering plant widely cultivated as fodder for livestock due to its high nutrient content.
Opportunity Cost
The cost of forgoing the next best alternative when making a decision or choice.
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