Examlex
A container of hydrogen gas has the same temperature as a container of denser oxygen gas. The gas atoms having the greater average kinetic energy are the
Economize
The act of reducing expenditure or conserving resources to achieve efficiency in the allocation of resources.
Scarcity
The fundamental economic problem of having seemingly unlimited human wants in a world with limited resources, leading to the necessity of choice.
Economic Problem
The fundamental issue of having limited resources to meet unlimited wants and needs, requiring choices and priorities in allocation.
Available Resources
The total assets, both natural and man-made, that can be utilized to produce goods and services.
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