Examlex
Which of the following is higher in Mali than in the United Kingdom?
Automobile Industry
The sector of the economy that manufactures and sells motor vehicles.
Inputs
Resources such as labor, materials, and capital that are used in the production process to produce goods and services.
Output
The total amount of goods or services produced by a company or country.
Economies of Scale
Cost advantages that enterprises obtain due to their scale of operation, typically characterized by a reduction in average costs with increased production.
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