Examlex
In Exhibit 62, where does marginal utility first begin to diminish?
Traditional Authority
Traditional authority is a form of leadership in which power is derived from established customs, cultural heritage, and historical precedence.
Tertiary Sector
A segment of the economy focused on providing services rather than producing goods, including sectors like retail, entertainment, and financial services.
Self-employed
A status referring to individuals who work for themselves, either by owning a business or by offering their services independently.
Secondary Labour Market
Jobs that are insecure and temporary, offer minimal pay, and provide few opportunities to advance.
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