Examlex
One of the first cries with which new parents are likely to become familiar is the infant's rhythmic cry,which is often associated with
Scarcity
The limited nature of society’s resources.
Trade-Offs
Situations where having more of one thing necessarily means having less of another because of limited resources.
Allocate
The process of distributing resources or goods among various uses or individuals based on specific criteria, such as need or merit.
Marginal Change
A small incremental adjustment to a plan of action.
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