Examlex
One characteristic of language is that an infinite number of utterances can be produced from the vocabulary.This is referred to as
Production Possibility Frontier
An illustration that outlines the peak production capacities for a pair of goods, considering the available resources and technological advancements.
Efficient
Description of a market or economy that takes all opportunities to make some people better off without making other people worse off.
Production Rate
The speed at which goods are manufactured or produced in a given period.
Production Possibility Frontier
A chart that outlines the utmost production possibilities for two types of goods, contingent upon a selection of resources and other conditions.
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