Examlex
Even in the second wave of electronic commerce, e-mail responsiveness of electronic commerce sites is disappointing.
Consumer Goods
Products that are sold directly to consumers for their personal or household use, typically including items like electronics, appliances, and clothing.
Capital Goods
Long-term assets such as machinery, buildings, and equipment purchased by businesses to produce goods and services.
Production Possibility Frontier
A curve depicting all maximum output possibilities for two or more goods given a set of inputs, assuming full and efficient utilization of resources.
Opportunity Cost
The exclusion of favorable outcomes from different choices upon selecting one option.
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