Examlex
The acquired mental position we hold regarding some idea or object is called a(n)
Goods And Services
The outputs offered by businesses and the economy to satisfy individual or collective needs or wants.
Human Capital
The skills, knowledge, and experience possessed by an individual or population, viewed in terms of their value or cost to an organization or country.
Physical Capital
The stock of tangible, non-financial assets that are used in the production of goods and services, such as machinery and buildings.
Opportunity Costs
The cost of an alternative that must be forgone in order to pursue a certain action, essentially what is sacrificed to choose one option over another.
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