Examlex
The 2-year-old brain has attained about 75 percent of its adult weight.
Opportunity Cost
Failing to capitalize on potential gains from other alternatives when making a singular choice.
Consumer Goods
Products and services that are consumed by individuals or households for personal satisfaction and daily use.
Capital Goods
Physical assets utilized by businesses to produce goods and services, such as buildings, machinery, and equipment.
Allocation of Resources
The process of distributing scarce resources among various uses or activities in a way that maximizes the achievement of objectives.
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