Examlex
M-commerce is a type of managed commerce in which both buyer and seller end the transaction with a win-win feeling.
Production Possibilities Curve
A graphical representation showing the maximum combination of goods and services that can be produced with limited resources.
Production Possibilities Curve
A graph that shows the different quantities of two goods that an economy can produce using all its resources efficiently.
Unemployment Rate
The segment of workers within the labor force not employed but searching for work.
Assembly Line
A production process that divides the manufacture of a product into steps that are completed in a predefined sequence, often involving conveyor belts and workstations.
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