Examlex
Which of the following statements is correct?
Expanding Industry
An industry or sector experiencing significant growth in terms of output, sales, or number of participants.
Resource Prices
The costs associated with acquiring raw materials or inputs used in the production of goods and services.
Allocation
The process of assigning resources or goods to various uses or individuals in an economy.
Demand For Product
The desire or need for a product combined with the capacity and willingness to pay for it, which can influence its market price.
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