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Colour Blindness Is the Inability to Distinguish Certain Colours from One

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Colour blindness is the inability to distinguish certain colours from one another. It involves some kind of difficulty in distinguishing colours, most commonly


Definitions:

Unemployment

Occurs when people who are willing to work are unable to find jobs, representing a wasted potential in the economy.

Underemployment

describes a situation where workers are employed in capacities below their skill level or work fewer hours than they would prefer.

Opportunity Cost

The cost of what is forgone in order to pursue a certain action or decision.

Diseconomies of Scale

The phenomenon where production costs per unit increase as a firm's or industry's output expands.

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