Examlex
Describe online analytical processing.
Factor Endowments
The quantity and quality of labor, land, and capital that a country possesses, influencing its economic productivity.
Labor
The application of human physical and intellectual labor in the manufacture and provision of goods and services.
Natural Resources
Materials or substances such as minerals, forests, water, and fertile land that exist in nature and can be used for economic gain.
Opportunity Cost
The act of losing possible benefits from other routes when a single path is chosen.
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