Examlex
____ is the tendency to evaluate positively presented information favorably and negatively presented information unfavorably.
Limited Resources
The finite availability of resources such as time, money, and materials, which necessitates choices about their allocation.
Scarcity
A fundamental economic problem of having seemingly unlimited human wants in a world of limited resources.
Resources Are Limited
A principle stating that the availability of physical, natural, and human resources is finite, necessitating choices and trade-offs.
Opportunity Cost
The cost of forgoing the next best alternative when making a decision, representing the benefits one could have received by taking a different decision.
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