Examlex
With total quality management,employees receive broad job training making them more flexible in where they can work
Private Consumptions
Expenditure by households and non-profit institutions serving households on goods and services used for individual consumption.
Total Amount
The aggregate sum of all units or quantities in consideration.
Pareto Optimal
A state of allocation of resources from which it is impossible to reallocate without making at least one individual worse off.
Public Goods
Goods or services that are non-excludable and non-rivalrous, meaning they are available to all and not diminished by use.
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