Examlex
Recruiters must try to meet the prevailing standards while dealing with
Resources Allocated
The distribution of resources among various uses or sectors in an economy to maximize efficiency and achieve strategic goals.
Households And Firms
The two primary actors in economic models where households provide labor and consume goods and services, while firms produce goods and services and hire labor.
Resources
Broadly refers to the inputs used to produce goods and services, including natural materials, human labor, capital, and technology.
Scarce
A situation in which available resources are limited in relation to the wants and needs of individuals or communities.
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