Examlex
In addition to shading, you can also add ____ to text.
Consumer Goods
Products and services that are consumed by individuals or households for personal satisfaction and daily use.
Capital Goods
Physical assets utilized by businesses to produce goods and services, such as buildings, machinery, and equipment.
Allocation of Resources
The process of distributing scarce resources among various uses or activities in a way that maximizes the achievement of objectives.
Production Possibilities Curve
A visual diagram displaying the highest achievable production combinations of two products or services within an economy, assuming all resources are used completely and effectively.
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