Examlex
Capital intensive automation is appropriate for high and low volume operations.
Autos
Short for automobiles, referring to passenger vehicles designed for personal transportation.
Opportunity Cost
The value of the next best alternative forgone as the result of making a decision.
Production Alternative
Different ways in which a firm could allocate its resources to produce various goods or services.
Capital Goods
Physical assets used by a company to produce goods and services that are used to produce consumer goods or services.
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