Examlex
A query allows the selection of a subset of fields and records from one or more tables, then presents the selected data as a single datasheet.
Consumer Goods
Products that are bought for consumption by the average consumer.
Capital Goods
Long-lasting goods acquired by businesses to create goods and services, as opposed to being directly consumed by consumers.
Opportunity Cost
The act of losing potential profits from other pathways when one route is taken.
Economic Models
Simplified frameworks used to illustrate and analyze economic processes, behaviors, or theories, often employing mathematical formulas to predict economic outcomes.
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