Examlex
The capacity of jails to house inmates ______.
Underallocation
Refers to the situation where resources are not distributed or utilized efficiently, leading to potential shortages or unmet demand in certain areas.
Technology
The application of scientific knowledge for practical purposes, especially in industry and the economy.
Resources
Inputs used in the production of goods and services, such as labor, capital, land, and entrepreneurship.
Marginal Rate
The rate at which one variable changes relative to a change in another variable, often used in the context of taxes or production costs.
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