Examlex
Which one of the following continents has the highest birth rate?
Marginal Cost
The extra expenditure involved in generating an additional unit of a product or service.
Social Value
The importance or benefit that something has to society, which might not be reflected in its market price, such as education or environmental protection.
Resources
Assets, materials, and inputs used to produce goods and services, including natural resources, human resources, and capital.
Opportunity Cost
The cost of choosing one option over another, representing the value of the foregone alternative.
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