Examlex
You are good at creating Web sites.You make a social media Web site similar to Facebook,but after a while your Web site does not get enough attention and your business fails.This is because ________.
Highly Substitutable
Refers to goods or services that are readily replaced with alternatives by consumers due to minimal differences in characteristics or functionality.
Unit Costs of Production
The average cost incurred in producing one unit of a good, calculated by dividing the total cost of production by the number of units produced.
Related Resource
Assets or inputs that are connected or utilized together in the production process of goods or services.
Labor Demand
The total amount of workers that employers in the economy want to hire at any given wage rate.
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