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A scientist believes that there are 953 parakeets in sector 1 of the rainforest. However, a sudden change in weather causes 127 parakeets to fly to a different part of the rainforest.
How many parakeets remain in sector 1? ___________ (Enter numerical values only)
Production Possibilities Curve
A graphical representation showing the maximum number of goods or services that can be produced in an economy given available resources and technology.
Scarce Goods
Items that are limited in availability compared to the desires of people to possess them, requiring mechanisms like pricing or rationing to distribute them.
Unlimited Wants
The economic concept that humans have infinite desires or wishes for goods and services, despite having limited resources.
Invention
The creation of a new product or process, often facilitated by the knowledge of engineering and science.
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