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Figure 1.1
Identify the levels of organization in the figure above.
-Label C: ______________________________
Investment
The allocation of resources, usually money, in order to gain profitable returns as interest, income, or appreciation in value.
Workers
Individuals who perform tasks or jobs for pay, ranging from manual labor to professional occupations.
Units
In economics, units refer to the quantifiable measures used to express the quantity of an item, such as pieces, kilograms, liters, etc., used in transactions or production.
Total Cost
The complete cost of production, encompassing both fixed and variable costs, for a good or service.
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