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Which of the following is NOT a resource as the term is used by economists?
Better Performing Companies
Firms that consistently outperform their peers in metrics such as profitability, market share, or innovation.
Standard Costs
Predetermined costs that are used as benchmarks against which actual costs are compared.
Kilograms
A unit of mass in the metric system, equivalent to 1,000 grams, used globally for measuring weight.
Per Hour
A rate or measurement that denotes something occurring or calculated over the course of an hour.
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