Examlex
Write the correct verb in the blank. The price of milk has (risen, raised) during the last year.
Capital
Resources or assets that are used in the production of goods and services, including physical assets like machinery and buildings, and intangible assets like patents.
Fixed-Proportion
A production process in which the inputs are used in fixed ratios, with no substitution possible between them.
Perfect Substitutes
Goods or services that can be used in exactly the same way, where the consumer is indifferent between the two and will choose the cheaper one.
Scale
The size, extent, or level of something, typically used in the context of production or operations to indicate magnitude or capacity.
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