Examlex
Downy mildew of grape is caused by Phylloxera,root-feeding aphids.
Production Alternative
Different ways in which a firm could allocate its resources to produce various goods or services.
Capital Goods
Physical assets used by a company to produce goods and services that are used to produce consumer goods or services.
Scarcity
The fundamental economic problem of having seemingly unlimited human wants in a world of limited resources.
Study of Economics
The academic discipline that examines how individuals, businesses, governments, and nations make choices on allocating resources to satisfy their wants and needs.
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