Examlex
When a stimulus is salient, it is focal or prominent, with the other aspects of the envirornnent fading into the background.This is known as:
Resources
Assets or inputs available for use in the production of goods or services, including natural, human, and capital resources.
Scarce
Describes a condition where resources, goods, or capabilities are limited in availability relative to the demand for them.
Wants
Desires for goods, services, or experiences that are not essential for survival but are deemed desirable based on individual preferences.
Comparative Advantage
The ability of a country or individual to produce a particular good or service at a lower opportunity cost than another.
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