Examlex
Thirteen-month-old Samuel has begun to raise the pitch of his voice at the end of a babble. If Samuel is being raised by English-speaking parents, his behaviour may reflect the precursor of his ability to
Inefficiency
A lack of efficiency, where resources are not utilized in the best possible manner, often leading to waste or lost opportunities.
Highest-valued Uses
Refers to the allocation of resources where they can generate the highest possible value or benefit, optimizing economic efficiency.
Economic Question
A query or issue that pertains to the production, distribution, and consumption of goods and services.
Distribution Question
Refers to how the income or wealth is shared among different groups in society.
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