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Everything else held constant,the vertical section of the supply curve of reserves is shortened when the
Local Human Capital
The collective skills, knowledge, and experience possessed by an individual or population, viewed in terms of their value to the local economy.
Attributes
Characteristics or features that can be associated with an object, person, or entity.
Company Specificity
Characteristics or practices specific to a particular company, not applicable to the industry or sector at large.
Location Specificity
Refers to the unique attributes and characteristics of a particular geographical location that affect businesses, strategies, and operations.
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