Examlex
________ are resources required to successfully compete in an industry.
Employees
Individuals hired by a business or organization to perform specific duties in exchange for compensation.
Rent
A periodic fee paid for the use of property or land.
Opportunity Cost
The foregone benefit that would have been derived from an option not chosen.
Unlimited Resources
A hypothetical scenario in which there is an infinite supply of resources, making scarcity and allocation concerns non-existent.
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