Examlex
Maximize the function subject to the constraint
.
Unlimited Resources
Access to an infinite amount of materials or assets without any constraints.
Human Wants
The desires and needs of individuals for goods, services, and other intangibles that lead to satisfaction.
Opportunity Cost
The toll taken for not picking the second highest preference when decisions are formulated.
Tax Cut
A reduction in the amount of taxes imposed by the government, which can affect individuals, corporations, or specific sectors.
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